Title: Exploring the linkages between the patent applications and energy transitions: a system dynamics perspective
Authors: Milton M. Herrera; Alberto Méndez-Morales; Jorge Mejía-Quiroga
Addresses: Economic Sciences Research Centre, Universidad Militar Nueva Granada, Bogotá, 110111, Colombia ' Economic Sciences Research Centre, Universidad Militar Nueva Granada, Bogotá, 110111, Colombia ' Faculty of Engineering, Universidad Central, Bogotá, 110311, Colombia
Abstract: Renewable energy plays an essential role for the challenges that bring climate change. Enhancing clean technology innovation performance, supported by patent applications, is a fundamental way to contribute to the emission reduction. Exploring the patent applications contribute to reveal opportunities and challenges in the energy sector. Thus, this paper discusses the impact of the patent application delays on the incentives for innovation which contribute to the clean energy transition. To understand the impacts on the long-term, this paper proposes a simulation model based on system dynamics modelling. Results show that the delays of patent applications could have a significant impact on the clean energy transition in Latin America.
Keywords: system dynamics; patent analysis; energy transition; renewable energy; simulation; patent applications; innovation policy; green patent; innovation system; clean technology.
International Journal of Intelligent Engineering Informatics, 2020 Vol.8 No.5/6, pp.526 - 542
Received: 18 Apr 2020
Accepted: 09 Mar 2021
Published online: 07 Jun 2021 *