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Development of Ecological Patent in Southeast Asian Countries: Linkages between Economic Growth, Environment and Innovation

Author

Listed:
  • Guido Wiyendi

    (Faculty of Business and Economics University of Surabaya, Indonesia)

  • Suyanto Suyanto

    (Faculty of Business and Economics University of Surabaya, Indonesia)

  • Cynthia Yohanna Kartikasari

    (Faculty of Business and Economics University of Surabaya, Indonesia)

Abstract

This study examines the impacts of gross domestic product (GDP), carbon emission, and renewable energy consumption on ecological innovation patent of five countries in Southeast Asian region, namely Indonesia, the Philipines, Singapore, Thailand, and Malaysia, for the period 2000-2019. Two methods are applied; those are Ordinary Least Squared (OLS) and Generalized Least Squared (GLS). The results show that GDP provides a positive and significant impact on ecological innovation patent in the five countries. Similarly, carbon emission leads the ecological innovation patent. The same finding prevails in the impact of renewable energy consumption, in which it leads to further ecological innovation. The implication of this study is on the urgency for policies toward ecological innovation patent in reducing environmental damage in Southeast Asian countries.

Suggested Citation

  • Guido Wiyendi & Suyanto Suyanto & Cynthia Yohanna Kartikasari, 2024. "Development of Ecological Patent in Southeast Asian Countries: Linkages between Economic Growth, Environment and Innovation," International Journal of Energy Economics and Policy, Econjournals, vol. 14(6), pages 205-212, November.
    • Handle: RePEc:eco:journ2:2024-06-20
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Eco-innovation; Carbon Emission; Gross Domestic Product; Renewable Energy Consumption;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O4 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity
    • Q2 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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