Intellectual Property and Alternatives: Strategies for Green Innovation

Abstract

There is consensus that substantial reductions in greenhouse gas (GHG) emissions will require green innovation and adoption of green technologies on a global level. However, debate remains over what the policies will most effectively reduce greenhouse gas emissions and stabilize GHG concentrations. This chapter provides an analysis of how intellectual property rights (IPR), and their alternatives, could operate in green technology. The chapter uses existing technological industries as analogies to demonstrate the relationship between intellectual property rights and innovation. IPR challenges are discussed as they relate to OECD countries, as they generate 95 per cent of global R&D. The chapter ends with a discussion of the international adoption of clean technology, a necessary part of tackling climate change.

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