patent pool
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English[edit]
Noun[edit]
patent pool (plural patent pools)
- (law) A consortium of companies which agree to crosslicense patents relating to a particular technology, often to avoid the problem of blocking patents.
- 2001, Rudi Bekkers, Mobile Telecommunications Standards: GSM, UMTS, TETRA, and ERMES, Artech House, →ISBN, page 250:
- A patent pool is an arrangement in which patents of different firms that are relevant to a certain standard or technology are licensed as a package, and the resulting royalties are distributed among those firms (called the licensors).
Further reading[edit]
- patent pool on Wikipedia.Wikipedia