Senior Managing Director, Jorge Padilla recently co-authored a paper alongside Academic Affiliate, Gerard Llobet, for the Journal of Economics and Management Strategy. The paper proposes a framework to analyse holdout in patent licensing negotiations.
Expert economist Jorge Padilla (Compass Lexecon) and Koren W. Wong-Ervin (Axinn) consider the merits of recent complaints about the common practice in technology industries of licensing patents to manufacturers of consumer devices (as opposed to midstream component manufacturers), and of calculating compensation by using the entire value of an end device as the royalty base.