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Published in:
2014 | OriginalPaper | Chapter
15. Patent Pooling and Synergistic Business Relationships
Authors : Gerald B. Halt Jr., Robert Fesnak, John C. Donch, Amber R. Stiles
Published in: Intellectual Property in Consumer Electronics, Software and Technology Startups
Publisher: Springer New York
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Abstract
Patent pools can be beneficial and can enhance business relationships in a synergistic way, i.e., the parts of the whole relationship interact in such a way as to produce a joint effect—a juxtaposition—that is greater than the sum of its parts acting individually. When entities work together, and pool their IP assets, innovation can flourish. It is important that the pooling of patents promote innovation and not deliberately stifle competition in the relevant technology market.