Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In 2014, Tesla Motors announced that it is offering its patent portfolio for free usage. Toyota did the same, making its patent portfolio for hydrogen

In 2014, Tesla Motors announced that it is offering its patent portfolio for free usage. Toyota did the same, making its patent portfolio for hydrogen fuel-cell cars open for free usage until 2020. This move was to help the auto market grow and adopt their technologies and technology enhancement.

With this new move of opening their patents portfolios (and thus losing their monopoly position concerning these technologies) to other automotive firms, discuss who would benefit and who would lose.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

A Textbook Of Mathematical Economics

Authors: Dr Chandrakant Singh

1st Edition

9353140986, 9789353140984

More Books

Students also viewed these Economics questions

Question

What OS components impact the Dispatcher latency

Answered: 1 week ago