Fast-Tracking 'Green' Patent Applications: An Empirical Analysis
AbstractThis paper presents the first empirical analysis of programmes to fast-track 'green' patent applications in place in seven Intellectual Property offices around the world. We find that only a small share of green patent applications (between 1% and 20% depending on the patent office) request accelerated examination, suggesting that patent applicants have a strong incentive to keep their patent applications in the examination process for as long as possible. Fast-tracking programmes reduce the examination process by several years compared to patents going through normal examination procedure and have seemingly accelerated the diffusion of technological knowledge in green technologies. In addition, we find that applicants require accelerated examination for patents of relatively higher value and that fast-tracking programmes seem to be particularly appealing to start-up companies in the green technology sector that are currently raising capital but still generate small revenue.
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Bibliographic InfoPaper provided by Centre for Economic Performance, LSE in its series CEP Discussion Papers with number dp1197.
Date of creation: Mar 2013
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green patent application; green innovation; Intellectual Property; sustainable development;
Other versions of this item:
- Antoine Dechezleprêtre, 2013. "Fast-tracking “green” patent applications: an empirical analysis," Grantham Research Institute on Climate Change and the Environment Working Papers 107, Grantham Research Institute on Climate Change and the Environment.
- NEP-ALL-2013-04-20 (All new papers)
- NEP-CWA-2013-04-20 (Central & Western Asia)
- NEP-ENV-2013-04-20 (Environmental Economics)
- NEP-INO-2013-04-20 (Innovation)
- NEP-IPR-2013-04-20 (Intellectual Property Rights)
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