Standardization and Technological Innovation: Some Reflections on Ex-Ante Licensing, Frand, and the Proper Means to Reward Innovators

TILEC Discussion Paper No. 2006-017

17 Pages Posted: 20 Jun 2006

See all articles by Damien Geradin

Damien Geradin

Tilburg Law and Economics Center (TILEC); Geradin Partners; University of East Anglia (UEA) - Centre for Competition Policy; University College London - Faculty of Laws

Date Written: June 2006

Abstract

In today's technology-driven world, industry standardization, component interoperability, and product-compatibility have become critical to promoting innovation and competition. Standards are typically created by voluntary organizations (generally referred to as standard-setting organizations (SSOs)) composed of participants from a given market or industry (electronic components, communications, etc.). They meet to discuss, analyze, refine, and ultimately adopt mutually acceptable standards, which ensure competing and complementary products and components are compatible and can interoperate with one another. SSOs have thus gained importance over the years in technology-driven sectors.

Keywords: standards, standardization, FRAND, licensing, royalties, cross-licensing, patents, caps, proportionality, hold-up

JEL Classification: K21, L13, L41, L51, L63, L96, 031, 034

Suggested Citation

Geradin, Damien, Standardization and Technological Innovation: Some Reflections on Ex-Ante Licensing, Frand, and the Proper Means to Reward Innovators (June 2006). TILEC Discussion Paper No. 2006-017, Available at SSRN: https://ssrn.com/abstract=909011

Damien Geradin (Contact Author)

Tilburg Law and Economics Center (TILEC) ( email )

Warandelaan 2
Tilburg, 5000 LE
Netherlands

Geradin Partners ( email )

Avenue Louise 475
Brussels
Belgium

University of East Anglia (UEA) - Centre for Competition Policy ( email )

UEA
Norwich Research Park
Norwich, Norfolk NR47TJ
United Kingdom

University College London - Faculty of Laws ( email )

Gower St
London WC1E OEG, WC1E 6BT
United Kingdom

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