Determinants of renewable energy production: do intellectual property rights matter?
Climate change and finite energy supply issues have received substantial public attention in recent times. It has been argued that a sustainable energy supply associated with the promotion of clean energy is an important engine of growth, which calls for sound protection to reinforce investments in...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Multidisciplinary Digital Publishing Institute
2021
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| Online Access: | http://psasir.upm.edu.my/id/eprint/96651/1/ABSTRACT.pdf |
| _version_ | 1825937744914808832 |
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| author | Tee, Wu Shun Chin, Lee Abdul Rahim, Abdul Samad |
| author_facet | Tee, Wu Shun Chin, Lee Abdul Rahim, Abdul Samad |
| author_sort | Tee, Wu Shun |
| collection | UPM |
| description | Climate change and finite energy supply issues have received substantial public attention in recent times. It has been argued that a sustainable energy supply associated with the promotion of clean energy is an important engine of growth, which calls for sound protection to reinforce investments in the renewable energy market. This paper examined the effect of intellectual property rights (IPRs) on renewable energy production using the dynamic panel generalised method of moments (GMM) technique on data from 59 sample countries. The empirical results provided strong evidence that IPRs significantly drive renewable energy production. Greater protection rights motivate renewable energy firms to increase energy production from renewable resources. Our findings further revealed that stronger protection propagates the deployment of renewable energy technologies that ultimately promote renewable energy production. |
| first_indexed | 2024-03-06T11:04:11Z |
| format | Article |
| id | upm.eprints-96651 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T11:04:11Z |
| publishDate | 2021 |
| publisher | Multidisciplinary Digital Publishing Institute |
| record_format | dspace |
| spelling | upm.eprints-966512022-12-14T13:24:41Z http://psasir.upm.edu.my/id/eprint/96651/ Determinants of renewable energy production: do intellectual property rights matter? Tee, Wu Shun Chin, Lee Abdul Rahim, Abdul Samad Climate change and finite energy supply issues have received substantial public attention in recent times. It has been argued that a sustainable energy supply associated with the promotion of clean energy is an important engine of growth, which calls for sound protection to reinforce investments in the renewable energy market. This paper examined the effect of intellectual property rights (IPRs) on renewable energy production using the dynamic panel generalised method of moments (GMM) technique on data from 59 sample countries. The empirical results provided strong evidence that IPRs significantly drive renewable energy production. Greater protection rights motivate renewable energy firms to increase energy production from renewable resources. Our findings further revealed that stronger protection propagates the deployment of renewable energy technologies that ultimately promote renewable energy production. Multidisciplinary Digital Publishing Institute 2021 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/96651/1/ABSTRACT.pdf Tee, Wu Shun and Chin, Lee and Abdul Rahim, Abdul Samad (2021) Determinants of renewable energy production: do intellectual property rights matter? Energies, 14 (18). art. no. 5707. pp. 1-15. ISSN 1996-1073 https://www.mdpi.com/1996-1073/14/18/5707/htm 10.3390/en14185707 |
| spellingShingle | Tee, Wu Shun Chin, Lee Abdul Rahim, Abdul Samad Determinants of renewable energy production: do intellectual property rights matter? |
| title | Determinants of renewable energy production: do intellectual property rights matter? |
| title_full | Determinants of renewable energy production: do intellectual property rights matter? |
| title_fullStr | Determinants of renewable energy production: do intellectual property rights matter? |
| title_full_unstemmed | Determinants of renewable energy production: do intellectual property rights matter? |
| title_short | Determinants of renewable energy production: do intellectual property rights matter? |
| title_sort | determinants of renewable energy production do intellectual property rights matter |
| url | http://psasir.upm.edu.my/id/eprint/96651/1/ABSTRACT.pdf |
| work_keys_str_mv | AT teewushun determinantsofrenewableenergyproductiondointellectualpropertyrightsmatter AT chinlee determinantsofrenewableenergyproductiondointellectualpropertyrightsmatter AT abdulrahimabdulsamad determinantsofrenewableenergyproductiondointellectualpropertyrightsmatter |