Intellectual property, resource curse, and the path to sustainable investment in China
Xinzhong Dong and
Ying Wang
Resources Policy, 2024, vol. 97, issue C
Abstract:
This paper provides key insights into China's sustainable energy investment from 1995 to 2021 through a detailed quantitative analysis. It identifies a significant negative correlation between vulnerability to the resource curse and sustainable energy investment, underscoring the detrimental effects of resource dependency on sustainability and energy security. In contrast, innovation, as reflected in patent applications, positively impacts sustainable energy investments, highlighting the role of technological progress. Trademarks show no significant effect on these investments, possibly due to their broader economic role. The study also points out the negative impact of poverty on sustainable energy investment, revealing underlying socioeconomic challenges. The paper recommends strategies for diversification, fostering innovation, alleviating poverty, and investing in renewable energy infrastructure and digital technology to support China's shift towards a sustainable energy future.
Keywords: Sustainable investment; Resource curse; Intellectual property; Patent registration; China; Panel cointegration analysis (search for similar items in EconPapers)
JEL-codes: G23 O16 O34 Q34 Q56 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:97:y:2024:i:c:s0301420724006378
DOI: 10.1016/j.resourpol.2024.105270
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