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Essential patents in pools: Is value intrinsinc or induced ?

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  • Henry Delcamp

    (CERNA i3 - Centre d'économie industrielle i3 - Mines Paris - PSL (École nationale supérieure des mines de Paris) - PSL - Université Paris Sciences et Lettres - I3 - Institut interdisciplinaire de l’innovation - CNRS - Centre National de la Recherche Scientifique)

Abstract

This paper analyzes empirically the value - as measured by patent citations - of a set of 1363 essential patents belonging to 9 different patent pools. We find that pooled patents receive more cites than control patents having the same characteristics but not included in a pool. This difference stems only partly from the pools' ability to select the most cited patents. Indeed we show that being included in a pool also tends to increase the value of patents. This induced effect reflects the incentive for patent owners to join a pool. We analyze it in details in order to better understand the drivers of enhanced patent value.

Suggested Citation

  • Henry Delcamp, 2010. "Essential patents in pools: Is value intrinsinc or induced ?," Post-Print hal-00488271, HAL.
  • Handle: RePEc:hal:journl:hal-00488271
    Note: View the original document on HAL open archive server: https://minesparis-psl.hal.science/hal-00488271v1
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    File URL: https://minesparis-psl.hal.science/hal-00488271v1/document
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    Cited by:

    1. Delcamp, Henry, 2015. "Are patent pools a way to help patent owners enforce their rights?," International Review of Law and Economics, Elsevier, vol. 41(C), pages 68-76.

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