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enterprise patents
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Sustainability through business model innovation and climate ... nature.com Jan 20, 2025 19 facts
claimThe research analyzes the influence of green finance and enterprise patents on sustainable development indices in developing nations across Asia and Europe between 2000 and 2019.
claimThe study uses green finance value and enterprise patents as explanatory variables, while electricity access, internet access, and poverty ratio are used as control variables.
claimEnterprise patents contribute to the advancement of sustainable development in Asian and European developing countries by driving innovation and technological advancement in environmental technologies.
measurementA 1% increase in the number of enterprise patents corresponds to a 0.18% increase in sustainability outcomes in Asian developing countries and a 0.26% increase in European developing countries.
measurementIn Asian developing economies, a 1% rise in enterprise patents leads to a 0.18% increase in sustainability, while in European developing economies, a 1% rise in enterprise patents leads to a 0.26% increase in sustainability.
claimThe impact of green finance and enterprise patents on sustainability is more substantial for European developing economies compared to Asian developing economies, attributed to Europe's more sophisticated financial market and knowledge-based economic structure.
claimEnterprise patents promote sustainability by incentivizing businesses to invest in research and development (R&D) activities aimed at developing new technologies and solutions that address environmental challenges, such as renewable energy, waste management, and resource efficiency.
claimGreen finance value and enterprise patents are anticipated to have a positive impact on sustainable development because they represent investments and innovations geared towards environmental sustainability.
claimThe study extends analysis of green finance and enterprise patents on sustainable development indices from developed countries to Asian and European developing countries.
claimEnterprise patents can act as a barrier to entry for competitors, incentivizing companies to invest in sustainable technologies to gain a competitive advantage in the market.
claimA robustness analysis using Dynamic OLS (DOLS) confirmed the positive impacts of green finance value and enterprise patents on sustainability in both Asian and European developing economies.
claimIn developing economies, the influence of enterprise patents on sustainability is less significant than the influence of the green finance market.
measurementIn Asian developing economies, a 1% rise in enterprise patents correlates with a 0.18% increase in sustainability, while in European developing economies, a 1% rise correlates with a 0.26% increase.
claimEnterprise patents facilitate knowledge diffusion and technology transfer by enabling companies to license their patented technologies to other firms, universities, or research institutions, thereby accelerating the adoption of sustainable practices and solutions.
claimEnterprise patents for innovative environmental technologies signify efforts to develop solutions like eco-friendly manufacturing, waste management systems, and pollution control technologies.
claimThe study analyzes the combined effects of green finance and enterprise patents on sustainable development indices to identify potential synergies and trade-offs between financial investments and technological innovation.
claimThe study investigates the impacts of green finance and enterprise patents on sustainable development indices within two distinct groups of developing countries: Asian and European.
claimThe study examines the impacts of green finance and enterprise patents on sustainable development indices in two distinct groups of developing countries: Asian and European.
claimThe proliferation of enterprise patents fosters competition and market dynamics that encourage companies to adopt sustainable practices as a means of differentiation through environmental stewardship.