Patents and standards in the auto industry
The increasing integration of information and communication technologies in vehicles is creating new challenges for licensing patents in general and for negotiating royalty payments for standard-essential patents in particular
Most market experts predict dramatic changes in the auto industry as a result of shifting consumer preferences, new business models and industry players and emerging markets. The sector also looks set to be heavily affected by new sustainability and environmental policy changes, as well as by upcoming regulations on security issues. These forces are predicted to give rise to disruptive technology trends, such as driverless vehicles, electrification and interconnectivity.
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