Thursday, January 12, 2012
Posted by D. Daniel Sokol
Bernhard Ganglmair (Jindal School of Management, University of Texas at Dallas) and Emanuele Tarantino (Department of Economics, University of Bologna) address Patent Disclosure in Standard Setting.
ABSTRACT: We present a model of industry standard setting with two-sided asymmetric information about the existence of intellectual property. We provide an equilibrium analysis of (a) firms' incentives to communicate ideas for improvements of an industry standard, and (b) firms' decisions to disclose the existence of intellectual property to other participants of the standardization process.