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Initial and future compliance with the rule may significantly increase vendor workload and licensee cost, as a spectrum of fuel rod initial burnup states may need to be analyzed to demonstrate compliance.
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Gilbert and Katz (2006) (GK) show that allowing (pure) patent bundling increases the incentives for patent owners to enter into "long-term" patent licensing that commits them not to expropriate licensees' sunk costs in complementary assets with opportunistic licensing terms.
We also should not forget that they offered our licensees a viable cost model on a par with the 'all in cost' of Far East manufacture.
The patentee must license the new technology to users in order to profit from it, and each potential licensee has production costs using the technology that are unknown to everyone until after contracting, at which point each licensee gets private information about her own costs.
"ARM's long-standing investment in low-power leadership and ability to develop such high-performance devices enables licensees to lower the cost and risk of entering the high-margin markets currently addressed with competing proprietary solutions," said Will Strauss, principal analyst at Forward Concepts.
It basically lowers transaction costs and litigation costs for the licensor and licensee".
"I signed a lease that said I was liable for the full cost of repairs," says former Enterprise licensee David Montgomery.
It added: "Consortia are likely to be able to produce news more cost effectively than existing channel three licensees using assets designed for a different era.
Consequently, there will be an increased focus on licensee decision making related to LOCA analysis to minimize cost and impact, and to manage margin.
Licensed products including action figures, toys, and Halo 3-branded soda were released in anticipation of the game; the franchise utilized more than forty licensees to promote the game, and the advertising campaign ultimately cost more than $40 million.
An ARM license can cost more than $10 million, and that doesn't count the royalties that licensees pay for each device.
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CEO of Professional Science Editing for Scientists @ prosciediting.com