LEADER 03452nam 22005175 450 001 9910484066803321 005 20230810172750.0 010 $a3-030-72257-0 024 7 $a10.1007/978-3-030-72257-9 035 $a(CKB)4100000011934594 035 $a(MiAaPQ)EBC6621452 035 $a(Au-PeEL)EBL6621452 035 $a(OCoLC)1251505804 035 $a(DE-He213)978-3-030-72257-9 035 $a(PPN)255884362 035 $a(EXLCZ)994100000011934594 100 $a20210513d2021 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aMechanisms to Enable Follow-On Innovation $eLiability Rules vs. Open Innovation Models /$fby Alina Wernick 205 $a1st ed. 2021. 210 1$aCham :$cSpringer International Publishing :$cImprint: Springer,$d2021. 215 $a1 online resource (465 pages) 225 1 $aMunich Studies on Innovation and Competition,$x2199-7470 ;$v15 311 $a3-030-72256-2 327 $aIntroduction -- Theory -- Open approaches to innovation -- Economic foundations of compulsory liability rules -- Legal foundations and sources of compulsory liability rules -- Compulsory licenses in patent law -- Denial of injunctive relief -- Compulsory liability rules in Competition Law -- Normative recommendation -- Conclusions. 330 $aThe patent system is based on "one-patent-per-product" presumption and therefore fails to sustain complex follow-on innovations that contain a number of patents. The book explains that follow-on innovations may be subject to market failures such as hold-ups and excessive royalties. For decades, scholars have debated whether the market problems can be solved with voluntary licensing i.e., open innovation, or with compulsory liability rules. The book concludes that neither approach is sufficient. On the one hand, incentives to engage in open innovation practices involving patents are insufficient. On the other hand, the existing compulsory liability rules in patent and competition law are not tailored to address follow-on innovator's interests. To transcend this problem, the author proposes a compulsory liability rule against the suppression of follow-on innovation, that paradoxically, fosters early-on voluntary licensing between patent holders and follow-on innovators. The book is aimed at patent and competition law scholars and practitioners, patent attorneys, managers, engineers and economists who either engage in open innovation involving patents or conduct research on the topic. It also offers insights to policy and law-makers reviewing the possibilities to foster open innovation initiatives or adapt the scope of patent remedies or employ compulsory licenses for patents. 410 0$aMunich Studies on Innovation and Competition,$x2199-7470 ;$v15 606 $aInformation technology$xLaw and legislation 606 $aMass media$xLaw and legislation 606 $aIT Law, Media Law, Intellectual Property 615 0$aInformation technology$xLaw and legislation. 615 0$aMass media$xLaw and legislation. 615 14$aIT Law, Media Law, Intellectual Property. 676 $a346.048 700 $aWernick$b Alina$0880427 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910484066803321 996 $aMechanisms to Enable Follow-On Innovation$91965965 997 $aUNINA