Alternative Energy/Overview of Economics of Intellectual Property in AE

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Overview of Economics of Intellectual Property

"As a further indicator of innovation in the sector, the number of U.S. patents granted for clean technology breakthroughs has increased about twenty percent over the past five years, from fewer than 750 in 2002 to around nine-hundred in 2007." (Ward et al, 2008) Also see: Clean Energy Patent Growth Index

The CEPGI (shown below annually) tracks the granting of U.S. patents for the following sub-components: Solar, Wind, Hybrid/electric vehicles, Fuel Cells, Hydroelectric, Tidal/wave, Geothermal, Biomass/biofuels and other clean renewable energy.

Image: Clean Energy Patent Growth Index Chart

"While the number of U.S. patent applications has steadily increased in recent years, the trend in the number of U.S. patents granted actually fell slightly from 2006-2007.6 This decrease in the number of patents granted may be a result of the U.S. Supreme Court’s ruling in KSR International, Co. v Teleflex, Inc.—arguably the most important patent ruling in years—which effectively raised the bar for inventors who wish to obtain patent protection for products that rely on new combinations of existing, publicly-known elements. Because alternative energy developments often incorporate older technologies, meaningful advances may be susceptible to being seen by the U.S. Patent and Trademark Office and the courts as merely “ordinary innovation” that “does no more than yield predictable results.” (pg 244) (Ward et al, 2008)

*Where does the literature says IP works and does not work?

Complementary question: "what are the others market incentives for innovation in AE? coming soon

*What are the other incentives mentioned by the literature?

coming soon

*is there data on "how much of an increase of the tendency towards enclosure". e.g. how much does the biotechnology field have patented? Has this movement increased over time?

coming soon

*Transition to analysis of why this matters to the specific field

coming soon

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