patent pool
nounDefinitions
A consortium of companies which agree to crosslicense patents relating to a particular…
A consortium of companies which agree to crosslicense patents relating to a particular technology, often to avoid the problem of blocking patents.
- 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).
- A patent pool can be an effective way of resolving conflicting rights.
The neighborhood
Vish — recursive loop
No curated loop yet for patent pool. Loops are being traced one word at a time while the ingestion pipeline matures.
sense glosses and etymology drawn from English Wiktionary · source · CC-BY-SA