ENERGY INNOVATION AND PATENT LAW: EXAMINING THE INTERSECTION OF INTELLECTUAL PROPERTY RIGHTS AND SUSTAINABLE DEVELOPMENT GOALS

AUTHOR – DHRUV SOMASHEKHAR, STUDENT AT CHRIST UNIVERSITY

BEST CITATION – DHRUV SOMASHEKHAR, ENERGY INNOVATION AND PATENT LAW: EXAMINING THE INTERSECTION OF INTELLECTUAL PROPERTY RIGHTS AND SUSTAINABLE DEVELOPMENT GOALS, INDIAN JOURNAL OF LEGAL REVIEW (IJLR), 4 (1) OF 2024, PG. 545-552, APIS – 3920 – 0001 & ISSN – 2583-2344

ABSTRACT

This research paper explores the dynamic relationship between energy innovation, patent law, and the pursuit of Sustainable Development Goals (SDGs). As global concerns regarding energy sustainability, accessibility, and climate change intensify, fostering innovation within the energy sector becomes paramount. However, the role of intellectual property rights, particularly patents, presents a complex landscape that can both incentivize and impede innovation. This paper investigates how patent law influences energy innovation and its alignment with SDGs, aiming to provide insights into optimizing patent regimes to promote sustainable development. Through an analysis of the impact of patent law on energy innovation, the alignment of energy innovation with specific SDGs, identification of challenges and opportunities, and formulation of policy recommendations, this paper contributes to a nuanced understanding of how intellectual property frameworks can be leveraged to advance sustainable energy solutions and support the broader agenda of global development. KEYWORDS: Energy innovation, Patent law,Sustainable Development Goals (SDGs), Intellectual property right,Technology transfer,Policy recommendations