SMEs and Standard Essential Patents: Licensing Efficiently in the Internet of Things

les Nouvelles - Journal of the Licensing Executives Society, Volume LII No. 4, September 2017

7 Pages Posted: 5 Sep 2017

See all articles by Haris Tsilikas

Haris Tsilikas

Max Planck Institute for Innovation and Competition

Claudia Tapia

Ericsson

Date Written: July 25, 2017

Abstract

Modern knowledge-based economies increasingly rely on standards upon which innovative products are built. Standards allow businesses to benefit from economies of scale, to specialise on what they do best and invest in product differentiation. Standards reduce barriers to trade, create open markets and a level playing field, thus spurring competition and innovation. Consumers also reap substantial benefits from standardisation, in terms of lower prices, wider and interoperable product variety and more innovation. Standards can be arrived at either through unmediated market competition processes as de facto standards, or through industry coordination within standards-development organisations (SDOs.)

Keywords: SMEs, standard essential patents, internet, Licensing

Suggested Citation

Tsilikas, Haris and Tapia, Claudia, SMEs and Standard Essential Patents: Licensing Efficiently in the Internet of Things (July 25, 2017). les Nouvelles - Journal of the Licensing Executives Society, Volume LII No. 4, September 2017, Available at SSRN: https://ssrn.com/abstract=3009039

Haris Tsilikas

Max Planck Institute for Innovation and Competition ( email )

Marstallplatz 1
Munich, Bayern 80539
Germany

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