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Intellectual property, resource curse, and the path to sustainable investment in China

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  • Dong, Xinzhong
  • Wang, Ying

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.

Suggested Citation

  • Dong, Xinzhong & Wang, Ying, 2024. "Intellectual property, resource curse, and the path to sustainable investment in China," Resources Policy, Elsevier, vol. 97(C).
    • Handle: RePEc:eee:jrpoli:v:97:y:2024:i:c:s0301420724006378
    DOI: 10.1016/j.resourpol.2024.105270
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    More about this item

    Keywords

    Sustainable investment; Resource curse; Intellectual property; Patent registration; China; Panel cointegration analysis;
    All these keywords.

    JEL classification:

    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth
    • G23 - Financial Economics - - Financial Institutions and Services - - - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
    • O16 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital
    • Q34 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - Natural Resources and Domestic and International Conflicts

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