T.A. Leederman

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‘strategic’ patenting to patent around areas with a view to blocking competitors. This goes against the second role of patents, which is to allow the diffusion of resources. Such strategic patenting can be especially effective when a patent is obtained at an early stage of the development of a technology, before the technical standard is properly determined, or in fast-paced and patent-intensive fields such as ICT or biotech, where innovations are highly interdependent or complementary.32 An early patent gives its owner the chance of setting the dominant standard and blocking improvements ...more
The Value of Everything: Making and Taking in the Global Economy
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