Zhiwei (Berry) Wang, PhD Candidate, The Wharton School
Abstract: We investigate the strategic openness of firms’ innovation portfolios, focusing on the determinants and implications of disclosure strategies for diverse innovation assets, particularly in the context of artificial intelligence (AI). While firms traditionally protect innovation through patents and secrecy, open innovation frameworks have gained prominence as firms increasingly leverage external sources of innovation. This research seeks to bridge the gap between the innovation and open-source literatures by exploring how firms disclose and utilize various innovation assets—such as patents, academic publications, and open-source code—in response to their R&D strategies, market environments, and policy pressures.