Abstract
In recent years, innovation of alternative energy technologies to manage climate change has become an important goal worldwide. South Korea has been focusing on the innovation of alternative energy technologies through its investments and innovation systematic capabilities. This study quantitatively examines the effect of national innovation systems that are designed to improve the performance of innovation. To do so, this study analyzes the effects of financial support from the national research and development (R&D) project, and collaborations between institutions regarding the national innovation systems on patent performance based on citation count, which is a useful indicator of patent quality. Specifically, this study analyzes the effects of financial support from the national R&D project, as well as collaborations between universities, industries, and the government regarding patent performance using the patent data of South Korea. These data were used in congruence with a hurdle negative binomial model, using data from 2010 to 2017. Consequently, this study establishes that financial supports from national R&D project are generally inefficient. The relational aspects of the South Korean innovation systems are also generally inefficient, while collaborations between universities and industries contribute toward improving the performance of alternative energy patents.
Highlights
The development of technologies for managing the climate crisis is the most important global goal for a sustainable future
This study defines alternative energy technologies using World Intellectual Property Organization (WIPO)’s green inventory [44], which was developed by the International Patent Classification (IPC) Committee of Experts to facilitate the retrieval of patent information related to environmentally sound technologies, as listed by the United Nations Framework Convention on Climate Change
The descriptive statistics focus on showing the status of copatent collaboration and developments in alternative energy technologies in South Korea from 2010 to 2017
Summary
The development of technologies for managing the climate crisis is the most important global goal for a sustainable future. Despite the promotion of and incentives to create innovation systems at the global and national level [3,4], the extension of alternative energy rather than fossil fuel energy sources is beleaguered by several challenges, mainly owing to the relatively high production prices. To overcome these barriers, various innovators, including individuals, universities, industries, and governments, have undertaken projects to develop alternative energy [5]. To ensure a sustainable future, it is necessary to decrease production costs and gain advantage over fossil fuel energy through the technological development of alternative energy
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