2021/11 | LEM Working Paper Series | ||||||||||||||||
Sustainable innovation and intellectual property rights: friends, foes or perfect strangers? |
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Carolina Castaldi |
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Keywords | |||||||||||||||||
Sustainability; innovation; intellectual property rights.
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JEL Classifications | |||||||||||||||||
L2, Q01, Q56, O31, O34
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Abstract | |||||||||||||||||
As sustainable innovation becomes a strategy for companies to gain competitive advantage,
the question of how to profit from sustainable innovation becomes central. Surprisingly,
little research exists on the appropriation strategies of companies engaged in sustainable
innovation and the few studies are poorly connected. This chapter focuses on intellectual
property rights (IPR), the formal tools available to companies to protect their intangible
assets. I link the three main types of IPRs to common archetypes of sustainable innovation
and I discuss the motives why companies might file patents, trademarks or design rights or
instead choose not to. I conclude by discussing how IPRs might act as incentives, barriers
or be simply neglected by sustainable innovators and I offer directions for further research.
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