Despite increasing patent filing trends, a large number of patents are never used, which signifies a missing opportunity for companies, as well as an untapped potential for the overall society. The Licenses of Right (LOR) is an ad hoc policy instrument aiming to foster patent exploitation by encouraging assignees to bring to public notice their willing-to-license patents in exchange of a reduced maintenance fee. Our study, using UK and German LOR data, tries to understand the characteristic traits of LOR patents, as compared to non-LOR patents, that can inform policy makers on the effectiveness of this intervention.
Fostering Patent Use: An Investigation into the Licensing of Right Policy / Leone, Maria Isabella; Torrisi, Salvatore; Praveen Kumar Suvanam, Venkata; Cheruku, Ravi. - Atti del Convegno, (2018), pp. - (13th Annual Conference of The European Policy for Intellectual Property association (EPIP)
Fostering Patent Use: An Investigation into the Licensing of Right Policy
Maria Isabella Leone
;
2018
Abstract
Despite increasing patent filing trends, a large number of patents are never used, which signifies a missing opportunity for companies, as well as an untapped potential for the overall society. The Licenses of Right (LOR) is an ad hoc policy instrument aiming to foster patent exploitation by encouraging assignees to bring to public notice their willing-to-license patents in exchange of a reduced maintenance fee. Our study, using UK and German LOR data, tries to understand the characteristic traits of LOR patents, as compared to non-LOR patents, that can inform policy makers on the effectiveness of this intervention.
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