From Eeva Hakoranta --We Can't Afford Hold Out Behavior · · Play the right future
“We should be constraining holdout behavior because we can't afford to have holdout behavior.”
On , Eeva Hakoranta, Senior Advisor at INTERDIGITAL INC, spoke about patent holdout during Eeva Hakoranta --We Can't Afford Hold Out Behavior on Play the right future.
Eeva Hakoranta, Senior Advisor at Interdigital, spoke at the Licensing Executives Society International Virtual Annual Conference in May 2021. She discussed the impact of Chinese smartphone manufacturers on global patent licensing, stating that "out of the top 10 smartphone vendors, something like 7 or 8 are Chinese OEMs." Hakoranta said that "the Chinese government has been subsidizing its industry and has a very articulated five-year plan to become the dominating technology power and the economic power of the world." She described anti-suit injunctions and "jurisdictional grabs" as "a little unprecedented and unfortunately a very risky development for global standards and global business models." Hakoranta argued that "it's not about bringing the suppliers to the discussion table; it's more about bringing the government to the discussion table." She expressed support for European court actions in the UK, the Netherlands, and Germany, saying that "we should be constraining holdout behavior because we can't afford to have holdout behavior." She added that "if patent holders are not getting the fair royalty, the reward for their innovation, it's not going to be very healthy for the standardization and the innovation activities."