patent pool arrangement

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• patent pool — Also known as a know how pool. Agreements between three or more parties, each of which has an interest in one or more patents, by which each party agrees in respect of such patents (or in respect of other patents in which it may acquire an… …   Law dictionary

• Patent pool — In patent law, a patent pool is a consortium of at least two companies agreeing to cross license patents relating to a particular technology. The creation of a patent pool can save patentees and licensees time and money, and, in case of blocking… …   Wikipedia

• patent pool — noun 1. : a pool or combination in which the agreements are enforced by centralized control of essential patent rights 2. : an arrangement of cross licensing in which several patent owners join together to make individually held patents available …   Useful english dictionary

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