Event Session
The Myths and Realities of Standard Implementation & Licensing**
November 13, 2023 @ 3:30 PM EST
3:30 PM ET
November 13, 2023
The Myths and Realities of Standard Implementation & Licensing**
There are many misconceptions—myths, really—relating to the implementation and licensing of standard essential patents. This panel will address the following myths and set the record straight.
Myth #1: Innovation becomes more valuable once it has been declared to be standard essential. Not true. Innovation becomes adopted as a standard because it is valuable, not the other way around.
Myth #2: Technology implementers are locked into a standard, and patent owners seek to extract unjustified licensing payments only after implementers have spent great sums of money investing in the implementation of the standard.
Myth #3: Innovators do not rely on licensing royalty to justify their continued research and development relating to standards, but instead they innovate out of necessity because they need to remain on the cutting edge of innovation.
Myth #4: SEP owners have promised to license implementers, rather than exclude.
Myth #5: When patented technology is adopted as a standard the patent owner can gain an enormous windfall because they can hold up implementers of that technology, threatening to shut down critical infrastructure that the entire industry has adopted unless they are paid an exorbitant fee.
Myth #6: The nature and scope of the FRAND commitment is not equivalent to a patent infringement action.
Materials
Implementer Arguments at the USPTO Public Listening Session on Standards Ignore Business Realities
SEP Licensing is Not a Promise, It’s a Two-Way Street
Standard Essential Patents: The Myths and Realities of Standard Implementation
Survey
https://www.surveymonkey.com/r/standard-implementation-licensing
There are many misconceptions—myths, really—relating to the implementation and licensing of standard essential patents. This panel will address the following myths and set the record straight. Myth #1: Innovation becomes more valuable once it has been declared to be standard essential. Not true. Innovation becomes adopted as a standard because it is valuable, not the other way around. Myth #2:…
Session Speakers
Hon. David Kappos
Former Under Secretary of Commerce for IP & Director of the USPTO
Cravath, Swaine & Moore
Hon. F. Scott Kieff
Former ITC Commissioner, Professor of Law
George Washington University Law School