Intellectual property protection in the oil, gold sectors and mineral resources rent on indigenous populations: Preserving innovation and value

This study investigates into the intricate relationship between intellectual property protection and the wellbeing of indigenous communities within the oil, gold, and mineral sectors. Covering the period from 1990 to 2020 and focusing on nations rich in natural resources such as Russia, China, India, Indonesia, Nigeria, South Africa, Brazil, Canada, Mexico, Argentina, and Australia, the research employs advanced econometric models to dissect the dynamics between intellectual property protection, innovation within these sectors, and the preservation of economic and cultural values. The dependent variable in our analysis encompasses a composite measure that reflects the overall socio-economic and cultural impact of these sectors on indigenous communities. Our findings reveal that stronger intellectual property protection measures potentially foster innovation and value generation in these sectors. However, it also emerges that these measures could lead to adverse consequences for indigenous communities, including restricted access to resources and potential displacement. This work significantly contributes to understanding the complex interplay among intellectual property protection, indigenous communities, and the economic benefits derived from natural resource revenues, offering insights into optimizing policy frameworks for sustainable and equitable resource management.