Truly standard‐essential patents? A semantics‐based analysis

Standard‐essential patents (SEPs) have become a key element of technical coordination via standard‐setting organizations. Yet, in many cases, it remains unclear whether a declared SEP is truly standard‐essential. To date, there is no automated procedure that allows for a scalable and objective asses...

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Bibliographic Details
Published inJournal of economics & management strategy Vol. 32; no. 1; pp. 132 - 157
Main Authors Brachtendorf, Lorenz, Gaessler, Fabian, Harhoff, Dietmar
Format Journal Article
LanguageEnglish
Published Hoboken, NJ Wiley 2023
Wiley Subscription Services, Inc
Subjects
Coordination
Portfolios
Robustness
Semantics
Usefulness
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ISSN1530-9134
1058-6407
1530-9134
DOI10.1111/jems.12500

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Summary:Standard‐essential patents (SEPs) have become a key element of technical coordination via standard‐setting organizations. Yet, in many cases, it remains unclear whether a declared SEP is truly standard‐essential. To date, there is no automated procedure that allows for a scalable and objective assessment of SEP status. This paper introduces a semantics‐based method for approximating the standard essentiality of patents. We provide details on the procedure that generates the measure of standard essentiality and present the results of several validation and robustness exercises. We illustrate the measure's usefulness in estimating the share of true SEPs in firm patent portfolios for several telecommunication standards.
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ISSN:1530-9134
1058-6407
1530-9134
DOI:10.1111/jems.12500