The importance of intellectual property: Analyzing the impact of resource efficiency improvements in the mineral sector

Abstract

This study investigates the relationship between Natural resource efficiency improvements and intellectual property (IP) rights in the Chinese mineral sector from 2010 to 2020. Utilizing a robust econometric model to analyze data over a decade, our research aims to quantify the effects of efficiency improvements on the creation and enforcement of IP rights within this sector. Findings indicate a positive correlation of regions demonstrating significant resource efficiency gains also show enhanced IP rights protection. This suggests that improvements in resource efficiency not only drive innovation in mineral processing technologies but also necessitate stronger IP rights to safeguard these innovations. The study concludes with a policy implication emphasizing the need for integrated strategies that promote both resource efficiency and IP rights protection in the mineral sector, highlighting their mutual reinforcement for sustainable development and innovation. This research offers crucial insights for policymakers and industry stakeholders, advocating for a harmonized approach to fostering innovation and sustainability in China's rapidly evolving mineral industry.