Innovation and CO2 emissions: the complimentary role of eco-patent and trademark in the OECD economies
Innovation and CO2 emissions: the complimentary role of eco-patent and trademark in the OECD economies
No Thumbnail Available
Date
2019
Authors
Mensah, Nyarko Claudia
Boamah, Kofi Baah
Salman, Muhammad
Long, Xingle
Journal Title
Journal ISSN
Volume Title
Publisher
Environmental Science and Pollution Research
Abstract
Increasing global emissions has led to research on the role of innovations play combating emissions. Mitigations from innovation
perspective have mainly been focused on the role of patent, ignoring the role of trademarks. We therefore investigate the
mitigating power of patent and trademarks in the OECD economies, benchmarking patent as the traditional mitigation strategy.
Examining the complimentary role, we created an interaction term between patent and trademark. Our study divided the OECD
economies into four subpanels which are OECD America, OCED Asia, OECD Europe, and OECD Oceania. We employed the
Im, Pesaran and Shin W-stat, Augmented Dickey-Fuller, and Phillips Perron unit root tests, as well as cross-sectional dependence
and Westerlund cointegration tests for the preliminary test on the variables. We also adopted ARDL approach to cointegration,
Granger causality test, and OLS in examining the relationship between CO2 and patent, trademark, urbanization, and economic
growth. Findings show that jointly, eco-patents and trademarks mitigate CO2 emissions. Also, bidirectional or unidirectional
causal relationship was established between our variables of study, an indication that most of our variables can be used in
forecasting one other
Description
Keywords
Citation
Mensah, C. N., Long, X., Dauda, L., Boamah, K. B., & Salman, M. (2019). Innovation and CO 2 emissions: the complimentary role of eco-patent and trademark in the OECD economies. Environmental Science and Pollution Research, 26, 22878-22891.