innovation

How Do Patent Pools Affect Innovation?

What Are Patent Pools? A patent pool is a collaboration between two or more companies to cross-license their patents in a specific technology. This allows the use of related patents in the pool by the signatories of the contract, without the need for individual licenses or assignments. Patent pools were created because current products cover …

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Encouraging Innovation: The Way Forward

In today’s technology-driven world, innovation is of paramount importance. Innovative products and processes reduce manufacturing time, streamline the supply chain process and ultimately allows for the production of cheaper, more efficient goods that are accessible by more consumers. The importance of innovation is so much, in fact, that over the past few decades the major …

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