Toyota shows countrymen that patent value creation doesn’t have to be about lawsuits 12 Jan 15
At the Consumer Electronics Show (CES) in Las Vegas last week, Toyota revealed that it would grant access to thousands of its patents covering zero-emission fuel cell vehicle (FCV) technology on a royalty-free basis. The move has been met with both praise and criticism, with some observers sceptical of the Japanese company’s motivations. But whatever the driving factors are, the ‘opening’ of these patents stands to create value not just for Toyota itself, but also for the wider automotive industry.
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