Arbeitspapier
The value of disclosing IPR to open standard setting organizations
Open standard-setting organizations (SSOs) have emerged as important coordination and diffusion mechanism for information and communication technologies. Open standards are developed non-discriminatorily and licensed to anybody at reasonable and non-discriminatory terms. Little is known about the value of IP contributions to open standards for technology providers. This paper provides a large-scale empirical assessment thereof. Our findings show that disclosure of standard-relevant IP ownership is valued positively by financial markets only if the disclosure refers explicitly to associated patents. The loss of exclusivity to IPR appears to be outweighed by the expected benefits from open standards. Patents appear to signal the technological quality of IP contributions from firms with low R&D intensities.
- Language
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Englisch
- Bibliographic citation
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Series: ZEW Discussion Papers ; No. 13-060
- Classification
-
Wirtschaft
Management of Technological Innovation and R&D
Intellectual Property and Intellectual Capital
Information and Product Quality; Standardization and Compatibility
- Subject
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Open standards
IP disclosures
market value
- Event
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Geistige Schöpfung
- (who)
-
Hussinger, Katrin
Schwiebacher, Franz
- Event
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Veröffentlichung
- (who)
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Zentrum für Europäische Wirtschaftsforschung (ZEW)
- (where)
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Mannheim
- (when)
-
2013
- Handle
- URN
-
urn:nbn:de:bsz:180-madoc-346220
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Hussinger, Katrin
- Schwiebacher, Franz
- Zentrum für Europäische Wirtschaftsforschung (ZEW)
Time of origin
- 2013