"Giving companies limited time monopolies on their discoveries (by definition, limiting competition) increases the amount of R&D they do."
I think this was a public good as long as companies--Nokia and Apple are both examples of this--used their R&D to produce goods and services for the marketplace. Under the circumstances, there may be some merit to Nokia demanding licensing fees.
My guess is that there is some back-room stare-down taking place. Perhaps Apple feels that Nokia should cross-license some of Apple's patents. Perhaps Apple is threatening to invalidate some of Nokia's patents. It will be interesting to see this play out. I hope Nokia doesn't devolve into a shell company trolling for license fees :-)
I think this was a public good as long as companies--Nokia and Apple are both examples of this--used their R&D to produce goods and services for the marketplace. Under the circumstances, there may be some merit to Nokia demanding licensing fees.
My guess is that there is some back-room stare-down taking place. Perhaps Apple feels that Nokia should cross-license some of Apple's patents. Perhaps Apple is threatening to invalidate some of Nokia's patents. It will be interesting to see this play out. I hope Nokia doesn't devolve into a shell company trolling for license fees :-)