Global Intellectual Property Best Practices for Green Innovation: A Case Study of Pakistan
DOI:
https://doi.org/10.47205/jdss.2024(5-I)61Keywords:
Best Practices, Green innovation, Intellectual property (IP), IP Approaches, Legal StructuresAbstract
This research analyzes the relationship between global intellectual property (IP) norms and sustainable innovation, with a focus on opportunities for Pakistan. As environmental challenges intensify, sustainable innovation becomes increasingly critical, and intellectual property rights are vital for protecting inventors and attracting investment in sustainable technologies. The study conducts a comparative analysis of effective IP strategies from international case studies, examining how advanced nations promote green technology. The findings reveal successful approaches that Pakistan could adopt to enhance its green innovation ecosystem, while also highlighting challenges such as regulatory complexities and limited access to funding. To foster an environment supportive of green innovation, it is essential for Pakistan to implement international IP strategies effectively. Recommendations include strengthening legal frameworks, promoting joint ventures, and improving skills development in related initiatives. This research provides actionable insights for policymakers and experts to leverage successful global IP practices to stimulate green innovation in Pakistan.
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