Most innovations are the result of a cumulative R&D process, i.e., their production requires the combination of knowledge contained in previous innovations (for a general presentation, see my previous ‘Dig It!’ post). Cumulative innovations raise specific problems that put the patent system under stress. We already explained on this blog that holdup strategies or licensing […]
Tag Archives | holdup
Beware! Privateers patrol these patent waters.
By 3 June 2013 24
In 1572, Queen Elizabeth I of England commissioned Francis Drake to sail for America and encouraged him to plunder Spanish vessels on his way. Drake had thus all the attributes of a pirate, except that he was not working for his own account but for a government. This type of pirate was known as a […]