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Does Intellectual Property Rights Protection Constitute A Barrier To Renewable Energy? An Econometric Analysis

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  • Li, Jinkai
  • Omoju, Oluwasola E.
  • Zhang, Jin
  • Ikhide, Emily E.
  • Lu, Gang
  • Lawal, Adedoyin I.
  • Ozue, Vivian A.

Abstract

This study uses an econometric approach to investigate the role of IPR protection on renewable energy adoption using panel data of 102 countries at five-year intervals over the period 1990–2005. The Ginarte-Park index is used as a measure of the strength of intellectual property protection while the adoption of renewable energy is measured by the share of renewable energy in total final energy use. The results reveal that the level of intellectual property rights protection and reform of the intellectual property rights regime do not have significant impact on renewable energy adoption, suggesting that IPR protection is not a cause for concern in the global quest for clean energy transition. On the contrary, we find that trade openness has a stronger influence in the transition to clean energy. Based on the findings of the study, we conclude that IPR protection does not influence renewable energy adoption except in high R&D countries; rather policy makers should concentrate efforts on economic factors, such as trade openness, that drive the adoption of renewable energy technologies.

Suggested Citation

  • Li, Jinkai & Omoju, Oluwasola E. & Zhang, Jin & Ikhide, Emily E. & Lu, Gang & Lawal, Adedoyin I. & Ozue, Vivian A., 2020. "Does Intellectual Property Rights Protection Constitute A Barrier To Renewable Energy? An Econometric Analysis," National Institute Economic Review, National Institute of Economic and Social Research, vol. 251, pages 37-46, February.
    • Handle: RePEc:cup:nierev:v:251:y:2020:i::p:r37-r46_8
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    Cited by:

    1. Liton Chandra Voumik & Salma Akter & Mohammad Ridwan & Abdul Rahim Ridzuan & Amin Pujiati & Bestari Dwi Handayani & J. S. Keshminder & Mohamad Idham Md Razak, 2023. "Exploring the Factors behind Renewable Energy Consumption in Indonesia: Analyzing the Impact of Corruption and Innovation using ARDL Model," International Journal of Energy Economics and Policy, Econjournals, vol. 13(5), pages 115-125, September.
    2. Gazmend Amaxhekaj & Driton Qehaja & Atdhetar Gara, 2024. "The Role of Institutions in Energy Transition and Economic Growth in West Balkan Countries," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 3, pages 18-45.

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