Posts Tagged: "David Teece"

Webinar: Patent Holdout and the Quest for Balance in SEP Licensing – Sponsored by Interdigital

The story of hold-up has seduced many who believe patents stand in the way of innovation, but what product or service has ever been held up by patent owners, or patent wars? Even in the area of smartphones or telecommunications, we can reliably predict that next year’s technology will be superior to this year’s technology, as devices and the services…

Enabling Technologies and the Underinvestment Problem

Certain innovations—known as enabling technologies—provide the foundation for progress across a range of industries. Enabling technologies include mobile wireless, the laser, CT scanners, the microprocessor, artificial intelligence, and freight containerization. Such technologies drive wealth creation throughout the economy. However, the difficulties associated with monetizing this type of IP, which I explore in this article, mean that private enterprise tends to underinvest in new enabling technologies. Public policy needs to be more supportive, and firms need to be willing to support more blue-sky projects. As a nation, we are harvesting the fruits of old enabling technologies without investing sufficiently in new ones. We are eating our seed corn.

Apply Evidence-based Approach to Antitrust Law Equally to Innovators and Implementers

As judges, former judges and government officials, legal academics and economists who are experts in antitrust and intellectual property law, we write to express our support for your recent announcement that the Antitrust Division of the Department of Justice will adopt an evidence-based approach in applying antitrust law equally to both innovators who develop and implementers who use technological standards in the innovation industries. We disagree with the letter recently submitted to you on January 24, 2018 by other parties who expressed their misgivings with your announcement of your plan to return to this sound antitrust policy.