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 Grantham Research Institute on Climate Change and the Environment in its series Grantham Research Institute on Climate Change and the Environment Working Papers with number 107.
Date of creation: Feb 2013
Date of revision:
Other versions of this item:
- Antoine Dechezlepretre, 2013. "Fast-tracking 'green' patent applications: an empirical analysis," LSE Research Online Documents on Economics 51530, London School of Economics and Political Science, LSE Library.
- Antoine Dechezleprêtre, 2013. "Fast-Tracking 'Green' Patent Applications: An Empirical Analysis," CEP Discussion Papers dp1197, Centre for Economic Performance, LSE.
- O34 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
- Q55 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environmental Economics: Technological Innovation
This paper has been announced in the following NEP Reports:
- NEP-ALL-2013-04-27 (All new papers)
- NEP-ENE-2013-04-27 (Energy Economics)
- NEP-ENV-2013-04-27 (Environmental Economics)
- NEP-INO-2013-04-27 (Innovation)
- NEP-IPR-2013-04-27 (Intellectual Property Rights)
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