For several reasons, the continuing advance of technology involves the use of standards setting organizations (“SSOs”). First, SSOs ensure that there are accepted technical standards in an industry, for example, to ensure interoperability of hardware and/or software products.
Standards Setting Organizations and Patents: Patent Policies Matter
For several reasons, the continuing advance of technology involves the use of standards setting organizations ("SSOs"). First, SSOs ensure that there are accepted technical standards in an industry, for example, to ensure interoperability of hardware and/or software products. Second, SSOs encourage the participation and collaboration of multiple members of the industry, thereby obtaining valuable contributions from parties who are normally highly competitive and otherwise might not work together. In addition, such standards provide a benefit to the end users (namely, the consumers of the goods or services governed by the standard) by allowing for economies of scale due to large-scale deployment of the technology covered by the standard, and thereby also helping to lower costs for new technologies.
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