A conceptual model for FRAND royalty setting

Research output: Contribution to journalJournal articlepeer-review

Standard

A conceptual model for FRAND royalty setting. / Hougaard, Jens Leth; Ko, Chiu Yu ; Zhang, Xuyao .

In: Mathematical Social Sciences, Vol. 123, 2023, p. 167-176.

Research output: Contribution to journalJournal articlepeer-review

Harvard

Hougaard, JL, Ko, CY & Zhang, X 2023, 'A conceptual model for FRAND royalty setting', Mathematical Social Sciences, vol. 123, pp. 167-176. https://doi.org/10.1016/j.mathsocsci.2023.03.005

APA

Hougaard, J. L., Ko, C. Y., & Zhang, X. (2023). A conceptual model for FRAND royalty setting. Mathematical Social Sciences, 123, 167-176. https://doi.org/10.1016/j.mathsocsci.2023.03.005

Vancouver

Hougaard JL, Ko CY, Zhang X. A conceptual model for FRAND royalty setting. Mathematical Social Sciences. 2023;123:167-176. https://doi.org/10.1016/j.mathsocsci.2023.03.005

Author

Hougaard, Jens Leth ; Ko, Chiu Yu ; Zhang, Xuyao . / A conceptual model for FRAND royalty setting. In: Mathematical Social Sciences. 2023 ; Vol. 123. pp. 167-176.

Bibtex

@article{8af369dce73a47c0aa1e519b6c497dc3,
title = "A conceptual model for FRAND royalty setting",
abstract = "Setting an industry-wide standard is crucial for the interoperability, compatibility, and efficiency of information and communication technologies. To minimize holdup problems, patent holders are often required to ex-ante commit to licensing their technologies under Fair, Reasonable, and Non-Discriminatory (FRAND) terms. Yet, there is little consensus, in both courtrooms and industries, on the exact meaning of FRAND. We propose a new framework that enables a precise distinction: fairness in the distribution of royalty payments among patent users, and reasonableness in setting the size of the compensation to the patent holder, where both the size and the distribution of payments are determined in a non-discriminatory way that ensures similar firms are treated similarly.",
author = "Hougaard, {Jens Leth} and Ko, {Chiu Yu} and Xuyao Zhang",
year = "2023",
doi = "10.1016/j.mathsocsci.2023.03.005",
language = "English",
volume = "123",
pages = "167--176",
journal = "Mathematical Social Sciences",
issn = "0165-4896",
publisher = "Elsevier",

}

RIS

TY - JOUR

T1 - A conceptual model for FRAND royalty setting

AU - Hougaard, Jens Leth

AU - Ko, Chiu Yu

AU - Zhang, Xuyao

PY - 2023

Y1 - 2023

N2 - Setting an industry-wide standard is crucial for the interoperability, compatibility, and efficiency of information and communication technologies. To minimize holdup problems, patent holders are often required to ex-ante commit to licensing their technologies under Fair, Reasonable, and Non-Discriminatory (FRAND) terms. Yet, there is little consensus, in both courtrooms and industries, on the exact meaning of FRAND. We propose a new framework that enables a precise distinction: fairness in the distribution of royalty payments among patent users, and reasonableness in setting the size of the compensation to the patent holder, where both the size and the distribution of payments are determined in a non-discriminatory way that ensures similar firms are treated similarly.

AB - Setting an industry-wide standard is crucial for the interoperability, compatibility, and efficiency of information and communication technologies. To minimize holdup problems, patent holders are often required to ex-ante commit to licensing their technologies under Fair, Reasonable, and Non-Discriminatory (FRAND) terms. Yet, there is little consensus, in both courtrooms and industries, on the exact meaning of FRAND. We propose a new framework that enables a precise distinction: fairness in the distribution of royalty payments among patent users, and reasonableness in setting the size of the compensation to the patent holder, where both the size and the distribution of payments are determined in a non-discriminatory way that ensures similar firms are treated similarly.

U2 - 10.1016/j.mathsocsci.2023.03.005

DO - 10.1016/j.mathsocsci.2023.03.005

M3 - Journal article

VL - 123

SP - 167

EP - 176

JO - Mathematical Social Sciences

JF - Mathematical Social Sciences

SN - 0165-4896

ER -

ID: 344807792