Essential patents in pools: Is value intrinsinc or induced ?
This paper analyzes empirically the value - as measured by patent citations - of a set of 1363 essential patents belonging to 9 different patent pools. We find that pooled patents receive more cites than control patents having the same characteristics but not included in a pool. This difference stems only partly from the pools' ability to select the most cited patents. Indeed we show that being included in a pool also tends to increase the value of patents. This induced effect reflects the incentive for patent owners to join a pool. We analyze it in details in order to better understand the drivers of enhanced patent value.
|Date of creation:||2010|
|Publication status:||Published in CERNA WORKING PAPER SERIES 2010-04. 2010|
|Note:||View the original document on HAL open archive server: https://hal-mines-paristech.archives-ouvertes.fr/hal-00488271|
|Contact details of provider:|| Web page: https://hal.archives-ouvertes.fr/|
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