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@article{galasso2007broad,
title={Broad Cross-license Agreements and Persuasive Patent Litigation: Theory and Evidence from the Semiconductor Industry},
author={Galasso, A.},
journal={LSE STICERD Research Paper No. EI45},
year={2007},
abstract={In many industries broad cross-license agreements are considered a useful method to obtain freedom to operate and to avoid patent litigation. In this paper I study the previously neglected dynamic trade-off between litigating and cross-licensing that firms face to protect their intellectual property. I present a model of bargaining with learning in which firms’ decisions to litigate or crosslicense depend on their investments in technology specific assets. In particular the model predicts that where firms’ sunk costs are higher, their incentive to litigate and delay a cross-license agreement is lower. In addition, the bargaining game shows how firms with intermediate values of asset specificity tend to engage in inefficient "persuasive litigation". Using a novel dataset on the US semiconductor industry I obtain empirical results consistent with those suggested by the model. Combining model intuition with some empirical figures, I evaluate possible effects of the currently debated patent litigation reform.},
discipline={Econ},
research_type={Theory, Empirical, Econometric Model},
industry={General, Semiconductors},
thicket_stance={Assumed Pro},
thicket_stance_extract={In particular, Shapiro (2001) has argued that a "patent thicket" has appeared that renders it difficult to commercialize a new technology. In some industries the number of intellectual property rights a firm requires to produce a new product is so large, and their ownership is so dispersed, that it is quite easy to unintentionally infringe on a patent. In this environment there is, therefore, a hold-up problem: when the manufacturer starts selling its product a patentee might show up threatening to shut production down unless it is paid high royalties.},
thicket_def={#A-S, References Shapiro, Unspecified Blocking Mechanism, Diversely-Held, Hold-up},
thicket_def_extract={In particular, Shapiro (2001) has argued that a "patent thicket" has appeared that renders it difficult to commercialize a new technology. In some industries the number of intellectual property rights a firm requires to produce a new product is so large, and their ownership is so dispersed, that it is quite easy to unintentionally infringe on a patent. In this environment there is, therefore, a hold-up problem: when the manufacturer starts selling its product a patentee might show up threatening to shut production down unless it is paid high royalties.},
tags={Private Mechanisms, Cross-licensing, Litigation},
filename={Galasso (2007) - Broad Cross License Agreements And Persuasive Patent Litigation.pdf}
PTLR Up Group Processed BibTeX (view source)
Revision as of 23:27, 8 April 2013
, 23:27, 8 April 2013→The Processed Up Group BibTeX Records
tags={Private Mchanisms, Open Source, Open Transfer, Open Access},
filename={Feldman Nelson (2008) - Open Source Open Access Open Transfer.pdf}
}
