Measuring Innovation in the Autonomous Vehicle Technology

Download or read book Measuring Innovation in the Autonomous Vehicle Technology written by Maryam Zehtabchi and published by WIPO. This book was released on 2019-11-08 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: Automotive industry is going through a technological shock. Multiple intertwined technological advances (autonomous vehicle, connect vehicles and mobility-as-a-Service) are creating new rules for an industry that had not changed its way of doing business for almost a century. Key players from the tech and traditional automobile sectors – although with different incentives – are pooling resources to realize the goal of self-driving cars. AV innovation by auto and tech companies’ innovation is still largely home based, however, there is some shifting geography at the margin. AV and other related technologies are broadening the automotive innovation landscape, with several IT-focused hotspots – which traditionally were not at the center of automotive innovation – gaining prominence.