Patent pools allow licensors of patents with claims that read on a technology to provide their essential patents under a single license that is accessible to implementers of the technology.
The creation of a patent pool can save licensors and licensees time and money and allow new technologies to hit the market faster by reducing IP obstacles.
Patent pools can also bring a measure of stability to patent licensing for a particular technology by reducing litigation risks and establishing market-appropriate royalty rates.
As a result, licensees find it easier to obtain licenses, and licensors can monetize their research investment in a market-enabling and cost-effective manner.
