patent pool

patent pool
Also known as a know-how pool. Agreements between three or more parties, each of which has an interest in one or more patents, by which each party agrees in respect of such patents (or in respect of other patents in which it may acquire an interest) to grant a licence to one or more of the other parties, and to third parties.
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USA
An arrangement between two or more patent holders to cross-license patents related to a particular technology or to license the patents as a group to third parties.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • Patent pool — In patent law, a patent pool is a consortium of at least two companies agreeing to cross license patents relating to a particular technology. The creation of a patent pool can save patentees and licensees time and money, and, in case of blocking… …   Wikipedia

  • patent pool — noun 1. : a pool or combination in which the agreements are enforced by centralized control of essential patent rights 2. : an arrangement of cross licensing in which several patent owners join together to make individually held patents available …   Useful english dictionary

  • patent pool — noun A consortium of at least two companies which agree to cross license patents relating to a particular technology, often to avoid the problem of blocking patents …   Wiktionary

  • Patent holding company — Patent holding companies are companies set up to administer, consolidate and license patents or otherwise enforce patent rights, such as through litigation. Many patent holding companies have been characterized pejoratively as patent trolls due… …   Wikipedia

  • Patent infringement — Patent law (patents for inventions) …   Wikipedia

  • Patent portfolio — A patent portfolio is a collection of patents owned by a single entity, such as an individual or corporation. The patents may be related or unrelated. Patent applications may also be regarded as included in a patent portfolio. The monetary… …   Wikipedia

  • Patent thicket — A patent thicket is a dense web of overlapping intellectual property rights that a company must hack its way through in order to actually commercialize new technology. [ Carl Shapiro, [http://faculty.haas.berkeley.edu/shapiro/thicket.pdf… …   Wikipedia

  • pool — pool1 /poohl/, n. 1. a small body of standing water; pond. 2. a still, deep place in a stream. 3. any small collection of liquid on a surface: a pool of blood. 4. a puddle. 5. See swimming pool. 6. a subterranean accumulation of oil or gas held… …   Universalium

  • Glossary of patent legal concepts — Patent law (patents for inventions) …   Wikipedia

  • Open Patent Alliance — The Open Patent Alliance is a patent pool that was announced on June 9, 2008 for owners and claimants of patents and intellectual property related to the WiMAX standard. The inaugural members include Alcatel Lucent, Cisco Systems, Clearwire,… …   Wikipedia

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