@article{1436632,
      recid = {1436632},
      author = {Wernick, Alina.},
      title = {Mechanisms to enable follow-on innovation : liability  rules vs. open innovation models /},
      publisher = {Springer,},
      address = {Cham :},
      pages = {1 online resource},
      year = {2021},
      abstract = {The 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},
      url = {http://library.usi.edu/record/1436632},
      doi = {https://doi.org/10.1007/978-3-030-72257-9},
}