The green future is dependent on the world's ability to
create sustainable alternatives to our existing pollutive way of
life. Globally, innovation/ technology remains a key driving force
in the quest to transit to a green future.
Technological innovation and intellectual property (IP) are
intertwined and cannot be discussed in isolation. Intellectual
property rights are the heart and soul of innovation. For instance,
in the unending conversation on the effect of climate change,
technology has been in the forefront of providing succor, with
patent playing a key role.
The Green future & IP: Relevance of Intellectual Property
to the green future transition
In recent times, innovation towards a green earth has taken a
promising trajectory thereby increasing the need for patent
registration. According to the World Intellectual Property
Organization, between 2006 and 2011, the annual growth rate of
patent filings for key mitigation technologies was 24% compared to
a