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Patents and the Performance of Voluntary Standard Setting Organizations

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Author Info
Rysman, Marc
Simcoe, Tim

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Abstract

Voluntary standard setting organizations (SSOs) are a common feature of systems industries, where firms supply inter-operable components for a shared technology platform. These institutions promote coordinated innovation by providing a forum for collective decision-making and a potential solution to the problem of fragmented and overlapping intellectual property rights. This paper examines the economic and technological significance of SSOs by analyzing the flow of citations to a sample of U.S. patents disclosed during the standard-setting process. Our main results show that the age distribution of SSO patent citations is shifted towards later years (relative to an average patent), and that citations increase substantially following standardization. These results suggest that SSOs identify promising technologies and influence their subsequent adoption.

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File URL: http://hermes-ir.lib.hit-u.ac.jp/rs/bitstream/10086/17110/1/pie_dp418.pdf
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Publisher Info
Paper provided by Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University in its series PIE/CIS Discussion Paper with number 418.

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Length: 41 p.
Date of creation: Mar 2009
Date of revision:
Handle: RePEc:hit:piecis:418

Note: Submitted to Management Science; manuscript 00631-2007.R2
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Web page: http://cis.ier.hit-u.ac.jp/
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Related research
Keywords: standards; compatibility; platform; intellectual property; patents; cumulative innovation;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Bronwyn H. Hall & Adam Jaffe & Manuel Trajtenberg, 2005. "Market Value and Patent Citations," RAND Journal of Economics, The RAND Corporation, vol. 36(1), pages 16-38, Spring.
  2. Jerry A. Hausman & Bronwyn H. Hall & Zvi Griliches, 1984. "Econometric Models for Count Data with an Application to the Patents-R&D Relationship," NBER Technical Working Papers 0017, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
    Other versions:
  3. Jaffe, Adam B & Trajtenberg, Manuel & Henderson, Rebecca, 1993. "Geographic Localization of Knowledge Spillovers as Evidenced by Patent Citations," The Quarterly Journal of Economics, MIT Press, vol. 108(3), pages 577-98, August. [Downloadable!] (restricted)
    Other versions:
  4. Bronwyn H. Hall & Manuel Trajtenberg, 2004. "Uncovering GPTS with Patent Data," NBER Working Papers 10901, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
  5. Adam B. Jaffe & Manuel Trajtenberg, 2005. "Patents, Citations, and Innovations: A Window on the Knowledge Economy," MIT Press Books, The MIT Press, edition 1, volume 1, number 026260065x.
  6. Neil Gandal & Michael Kende & Rafael Rob, 2000. "The Dynamics of Technological Adoption in Hardware/Software Systems: The Case of Compact Disc Players," RAND Journal of Economics, The RAND Corporation, vol. 31(1), pages 43-61, Spring.
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Aditi Mehta & Marc Rysman & Tim Simcoe, 2007. "Identifying the Age Profile of Patent Citations," Boston University - Department of Economics - Working Papers Series WP2007-021, Boston University - Department of Economics. [Downloadable!]
    Other versions:
  2. Chiao, Benjamin & Lerner, Josh & Tirole, Jean, 2007. "The Rules of Standard Setting Organizations: An Empirical Analysis," CEPR Discussion Papers 6141, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  3. Isabelle Liotard, 2007. "Les nouvelles facettes de la propriété intellectuelle : stratégies, attaques et menaces," Post-Print hal-00196848_v1, HAL. [Downloadable!]
  4. Aija Leiponen, 2006. "Competing through cooperation: Standard setting in wireless telecommunications," Discussion Papers 1056, The Research Institute of the Finnish Economy. [Downloadable!]
  5. Alberto Di Minin & Christopher Palmberg, 2006. "A case for non-globalization? The organisation of r&d in the wireless telecommunications industry," Discussion Papers 1047, The Research Institute of the Finnish Economy. [Downloadable!]
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