The impact of the open IP strategies on technology development: Evidence from the low emission vehicles field

The impact of the open IP strategies on technology development: Evidence from the low emission vehicles field

Journal article

1 volume.

Can open IP strategies promote innovation among competitors, thereby advancing the development of the technology field? This empirical question has remained a central topic of debate in the open innovation literature. To address this question, this study examines how open IP strategies adopted by leading firms affect technological advancement. The patent pledges by Tesla and Toyota serve as exogenous shocks, enabling an empirical analysis of the impact of open IP strategies on technological development in the Low Emission Vehicles (LEVs) industry. We utilized Difference-in-Differences (DID) models analyzing patent data from 2010 to 2019 to measure the effects on technological performance across firms. Our results indicate that open IP strategies significantly enhance technological output, including quantity, quality, and novelty, especially benefiting start-ups, and to a lesser extent, firms with rich knowledge bases. This study contributes to understanding the role of open innovation in fostering technological competition.

Crossref

World Patent Information ; 84, March, 2026

World Patent Information

Oxford [England] : Elsevier Ltd., 2026.

eng

https://www.sciencedirect.com/science/article/abs/pii/S0172219023000108

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