Technological Pathways and Market Structure: Autonomous Vehicle Innovation in the United States and South Korea

Abstract

In this study, we identify and compare the development patterns of autonomous vehicle technologies (AVTs) in the United States and Korea using network analysis. The comparison is motivated by the distinct industrial systems of the two countries. In Korea, AVT development has primarily been driven by the RD efforts of large corporations, focusing on a limited number of technologies. In contrast, the U.S. has seen active technology transfers and mergers and acquisitions (M&As) between startups and major firms. By highlighting these differing technological trajectories, this study provides deeper insights into the interplay between market structures and technological progress.

Keywords: Autonomous Vehicle Technologies, Coevolution, Innovation, Market Structure