As social and economic importance of standards is growing dramatically due to advances in information and communications technology and spread of the Internet of Things, coordination of standards and intellectual property (patents) has become a matter of importance. At this seminar , experts made presentations and discussed the issues, taking fundamental perspectives that both standards and intellectual property contribute to innovation, and considered what is necessary to realize a virtuous cycle in which intellectual property creates innovation and standards diffuse the fruits of such innovation.
Anne Layne-Farrar presented on “Standards and IP–From the viewpoint of economics” at this seminar.
To read a summary of the seminar, click here.
Assessing umbrella pricing incentives
When collusive agreements involve a subset of firms in an industry, they may create the incentive and ability for firms that are not participants in the cartel...