Patent pool is a collection of all or part of basic patents in a technical standard, which may belong to several different patentees. Of course, there are other views that the so-called patent pool is a patent alliance, that is, two or more companies form an alliance for a certain patent-related purpose; Platform-a platform for gathering patents of different rights holders, which can be used for licensing and defense; Cross-licensing-Patent holders in the same patent pool can cross-license each other's patents.
There are two main purposes: to maintain competitive advantage and reduce research and development costs. Maintaining competitive advantage means prohibiting or raising the threshold for enterprises outside the pool to enter this technology field, and reducing the R&D cost means that enterprises in the patent pool can use the technology in the patent pool for free or at a low price, thus reducing the R&D cost. Generally, enterprises in the patent pool have to pay a certain management fee to the patent pool management institution every year. The IP engineer of Batten Patent Baba will answer your questions and apply for a patent from Batten Patent Baba.