"While some argue that the definition is an issue for IPR licencing agreements known as FRAND or RAND1 where companies agree to license their intellectual property rights for a reasonable fee so that others can use it, others state that this approach is open to abuse as "reasonable fee" is unclear and incompatible with the implementation of the standard under most of the existing open source software licenses. While some argue that favouring standards with royalty free IPR (Intellectual Property Rights) prevents companies from recuperating their investments and therefore will stop innovation, others insist that, in the long-run, open (Royalty Free) standards will bring more competition and innovation."


