Province of patent pledges defined

Extract

This book, which features a collection of valuable contributions on various aspects of patent pledges, seeks to draw the legal contours of patent pledges in light of the current patent practices and patent licensing trends. It clearly highlights the uncertainties, ambiguities, asymmetries and inconsistencies prevalent in the realm of patent pledges and suggests remarkable pathways for their effective application and enforcement. Given the evolving nature of patent pledges, the book provides a solid foundation for further discussion.

Patent pledges have gained momentum in recent years, as companies increasingly consider them as a viable model to achieve long-term business and innovation goals. The innovation process in new industrial sectors, such as information and communication technology (ICT) and biotechnology, needs open and collaborative efforts guaranteed, which can be backed by patent pledges. Universities and research organizations are also gearing up for different forms of patent pledges to promote research and innovation. Each of this sector or industry relies on patent pledges in different ways: the authors of this work commendably recognized and analysed such sector-specific characteristics.