TY - GEN
T1 - R & D coordination in standard setting organizations
T2 - 2011 7th International Conference on Standardization and Innovation in Information Technology, SIIT 2011
AU - Baron, Justus
AU - Ménière, Yann
AU - Pohlmann, Tim
PY - 2011
Y1 - 2011
N2 - We analyze R&D competition and cooperation between firms involved in the development of a technology standard. Our model captures two types of incentives these firms are subject to: free-riding due to the public good nature of the standard and patent races in order to derive royalties from essential patents. As a consequence, R&D may be excessive or insufficient as compared to the collective optimum. Our goal is to test if consortia can address any type of inefficiency, by either reducing or increasing collective R&D investment. We address this question empirically on a large dataset of ICT standards, by assessing the effect of consortia on the number of standard-related patents filed by companies. After sorting standards entailing over or underinvestment, our results confirm that in the first case consortia have a chilling effect on patent filings, while it has an inflating effect in the second case.
AB - We analyze R&D competition and cooperation between firms involved in the development of a technology standard. Our model captures two types of incentives these firms are subject to: free-riding due to the public good nature of the standard and patent races in order to derive royalties from essential patents. As a consequence, R&D may be excessive or insufficient as compared to the collective optimum. Our goal is to test if consortia can address any type of inefficiency, by either reducing or increasing collective R&D investment. We address this question empirically on a large dataset of ICT standards, by assessing the effect of consortia on the number of standard-related patents filed by companies. After sorting standards entailing over or underinvestment, our results confirm that in the first case consortia have a chilling effect on patent filings, while it has an inflating effect in the second case.
UR - http://www.scopus.com/inward/record.url?scp=83455225366&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=83455225366&partnerID=8YFLogxK
U2 - 10.1109/SIIT.2011.6083599
DO - 10.1109/SIIT.2011.6083599
M3 - Conference contribution
AN - SCOPUS:83455225366
SN - 9781457720215
T3 - 2011 7th International Conference on Standardization and Innovation in Information Technology, SIIT 2011
BT - 2011 7th International Conference on Standardization and Innovation in Information Technology, SIIT 2011
Y2 - 28 September 2011 through 30 September 2011
ER -