Climate Change, Green Innovation and Patent Regime A Roadmap for Developing Countries

In current times, climate change and environmental deterioration have emerged as global issues of concern. Innovators across the world are now engaged in developing technologies which mitigate the negative impact of human activities on the environment. These technologies are call green or clean technologies and the process of developing is popularly called as green innovation or eco-innovation. There are various legal socio-economic factors that come into play when we discuss the issue of green innovation. This paper aims to critically analyse the correlation between economy, innovation and law while focusing on
developing countries. The focus will also be to come up with various policy tools to promote green innovation in these countries. This is an analytical piece of research in which the researcher has adopted doctrinal method of study. Various secondary sources like journals, magazine articles, working papers, etc. were used to collect and interpret information and data.

Keywords – Green innovation, Patents, Green technology, Transfer of technology, Licensing, Foreign collaboration