Wednesday, January 4, 2012
Posted by D. Daniel Sokol
Bernhard Ganglmair, University of Texas at Dallas - School of Management - Department of Finance & Managerial Economicsand Emanuele Tarantino, University of Bologna - Department of Economics, Tilburg Law and Economics Center (TILEC) discuss 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.