Patent Pledges 2017
DOI: 10.4337/9781785362491.00024
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Open innovation and patent pledges

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“…This new way of looking at IP rights as knowledge‐sharing facilitators, rather than legal tools for exclusion, represents the underlying rationale of the design and adoption of patent pledges, 13 which have recently taken hold in the innovation scene (Contreras and Jacob, 2017; Maggiolino and Montagnani, 2017; Contreras, 2018; Chesbrough, 2020; Kim, 2020). They can be defined as ‘a publicly announced intervention by patent owning entities (“pledgers”) to out‐license active patents to the restricted or unrestricted public free from or bound to certain conditions for a reasonable or no monetary compensation using standardized written or social contracts’ (Ehrnsperger and Tietze, 2019a, p. 6).…”
Section: Theoretical Backgroundmentioning
confidence: 99%
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“…This new way of looking at IP rights as knowledge‐sharing facilitators, rather than legal tools for exclusion, represents the underlying rationale of the design and adoption of patent pledges, 13 which have recently taken hold in the innovation scene (Contreras and Jacob, 2017; Maggiolino and Montagnani, 2017; Contreras, 2018; Chesbrough, 2020; Kim, 2020). They can be defined as ‘a publicly announced intervention by patent owning entities (“pledgers”) to out‐license active patents to the restricted or unrestricted public free from or bound to certain conditions for a reasonable or no monetary compensation using standardized written or social contracts’ (Ehrnsperger and Tietze, 2019a, p. 6).…”
Section: Theoretical Backgroundmentioning
confidence: 99%
“…Albeit patent pledges are not novel IP practices, the COVID pandemic has revitalized their adoption and diffusion, especially for those classified as ‘mission‐oriented’, pursuing philanthropic objectives, such as the growth of social welfare through faster recovery from the crisis (Maggiolino and Montagnani, 2017; Contreras, 2018; Contreras et al, 2020; Tietze et al, 2020a, 2020b). Given the relevance of this large‐scale collective pledge, leading scholars and practitioners have stimulated the debate about how to put this pledge to work, 10 towards the desired direction to stimulate follow‐on innovations and hence find factual solutions to the pandemic (Contreras et al, 2019; Chesbrough, 2020).…”
Section: Introductionmentioning
confidence: 99%