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
Englisch

Bibliographic citation
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
Open standards
IP disclosures
market value

Event
Geistige Schöpfung
(who)
Hussinger, Katrin
Schwiebacher, Franz
Event
Veröffentlichung
(who)
Zentrum für Europäische Wirtschaftsforschung (ZEW)
(where)
Mannheim
(when)
2013

Handle
URN
urn:nbn:de:bsz:180-madoc-346220
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Hussinger, Katrin
  • Schwiebacher, Franz
  • Zentrum für Europäische Wirtschaftsforschung (ZEW)

Time of origin

  • 2013

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