£110.68

Springer - Mechanisms to Enable Follow-On Innovation (Vol 15)

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Description

Explore the complexities of modern patent systems and their impact on technological progress. This academic work from the Munich Studies on Innovation and Competition series examines why the current one-patent-per-product presumption often fails to support complex follow-on innovations that rely on multiple patents. Readers will gain a deep understanding of the market failures that can arise during the innovation process, such as excessive royalties and hold-ups. The text analyzes the long-standing scholarly debate regarding the best solutions for these problems, specifically comparing voluntary licensing through open innovation models against compulsory liability rules. By evaluating these different frameworks, the book provides a critical conclusion that neither approach currently provides a sufficient solution. This makes it an essential resource for legal scholars, economists, and professionals interested in the intersection of patent law, market efficiency, and the future of innovation models.

Key Features

Analyzes the limitations of the one-patent-per-product presumption in supporting complex technological advancements.

Examines common market failures including hold-ups and the impact of excessive royalties on new developments.

Compares the effectiveness of voluntary licensing and open innovation models against compulsory liability rules.

Part of the Munich Studies on Innovation and Competition series, providing academic depth for researchers.

Offers a critical evaluation of existing legal frameworks to determine their sufficiency for follow-on innovation.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
14 May 2021
Listed Since
19 February 2021

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