Addressing the Green Patent Global Deadlock Through Bayh-Dole Reform
12 Pages Posted: 9 Dec 2009 Last revised: 21 Jun 2010
Date Written: December 2, 2009
Abstract
The U.S. government is investing in basic green energy research to address global climate change, but the current practices for patenting and licensing these new technologies will likely impede their dissemination, both within the United States and throughout the world. The refusal of the United States to negotiate over IP thus harms its own economic interests in addition to contributing to the climate change treaty deadlock. By changing licensing practices for these inventions, the United States could help satisfy its global critics while still maintaining strong IP laws to encourage private-sector innovation.
Keywords: climate change, bayh-dole, green patent, green energy, department of energy, national science foundation
JEL Classification: O3, K32, K33, Q2
Suggested Citation: Suggested Citation