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→Core Terms
'''Saturated Invention Spaces = (SIS)'''
As first defined by Teece: when a single firm, or a small number of firms, successfully patents an entire technological area. (p.15)
'''Example of:'''
''market failure - (MF)''
'''Diversely-held Complimentary Inputs = (DHCI)'''
1) products require complementary patented inputs; 2) these inputs are diversely-held (i.e. held by N patent-holders); and 3) patent-holders set their license prices independently. (Shapiro, pg.17)
'''Example of:'''
''coordination - (COOR)''
'''Look for:'''
''diversely-held - (DH)''
''complementary inputs - (CI)''
''dispersed - (DIS)''
''fragmented - (Frag)''
''Cournot problem - (CP)''
''multiple marginalization - (MM)''
