Journal Press India^®

Author Details ( * ) denotes Corresponding author

Intellectual property rights play a significant role in innovation, fundraising, and competitiveness in the renewable energy startup eco-system. The paper analyses the level of awareness, importance, and role of IPR such as patents, trademarks, and trade secrets among renewable energy startups in India. It studies how IPR influences investor confidence and what challenges are there when startups use IPR to attract investments. The study, based on primary data collected through surveys and interviews from startup founders and investors, points out the major barriers such as high costs, weak enforcement mechanism, and lack of awareness as contributors to the problem. All these calls for policy changes; financial incentives, and greater awareness programs to help startups put IPR to full strategic action. It would allow easy access to funding for the startups, protect innovations, and help shape India’s future in sustainable energy.

Keywords

Intellectual Property Rights; Renewable energy; Startups; Patents; Trademarks; Innovation; Investor confidence

1. Agrawal, V. & Parveen, R. (2022). A study of why IPR is vital for start-ups in India: In the present scenario. Universal Research Reports, 9(3), 7-12.
2. Arundel, A. (2001). The relative effectiveness of patents and secrecy for appropriation. Research Policy, 30(4), 611-624. Retrieved from https://doi.org/10.1016/S0048-7333(00)00100-1
3. Burrone, E. (2005). Intellectual property rights and innovation in SMEs in OECD countries. Journal of Intellectual Property Rights, 10, 34-43. Retrieved from https://www.commonlii.org/in/journals/INJlIPR/2005/1.pdf
4. Chemmanur, T. J., Rajaiya, H., Tian, X. & Yu, Q. (2020, October). Trademarks in entrepreneurial firm success: Empirical evidence from venture backed private firms and initial public offerings. In PBCSF-NIFR Research Paper, Proceedings of Paris December 2020 Finance Meeting EUROFIDAI-ESSEC.
5. Hall, B. H. & Harhoff, D. (2012). Recent research on the economics of patents. Annual Review of Economics, 4(1), 541-565. Retrieved from https://www.nber.org/system/files/working_papers/w17773/w17773.pdf
6. Hockerts, K. & Wüstenhagen, R. (2010). Greening Goliaths versus emerging Davids—Theorizing about the role of incumbents and new entrants in sustainable entrepreneurship. Journal of Business Venturing, 25(5), 481-492. Retrieved from https://doi.org/10.1016/j.jbus vent.2009.07.005
7. Lanjouw, J. O. & Schankerman, M. (2004). Patent quality and research productivity: Measuring innovation with multiple indicators. The Economic Journal, 114(495), 441-465. Retrieved from https://doi.org/10.1111/j.1468-0297.2004.00216.x
8. Madhusoodanan, L., Sharma, R., Soni, P. & Dubey, A. (2022). Intellectual property rights (IPRs) and its role in propelling the growth of the MSME sector. The Journal of World Intellectual Property, 25(3), 603-616.
9. Maskus, K. E. (2000). Intellectual property rights in the global economy. Washington, DC: Peterson Institute for International Economics. Retrieved from https://www.piie.com/book store/intellectual-property-rights-global-economy
10. Sansare, A. M. T., Jitendra, G. J., Jain, M. N. & Dilip, K. N. (2024). Technology transfer mechanisms and IP rights: Facilitating innovation in startups. Technology, 4(4), 188-195. Retrieved from https://iciset.in/Paper2530.pdf
11. Sultana, S. M. (2024). The role of IPR in innovation for a sustainable future. New Delhi, India: Bluerose Publishers. Retrieved from https://www.researchgate.net/profile/Mohd-Barkati/publication/385936886_Education_Technology_and_Sustainability/links/673ef9c888177c79e83c9cbb/Education-Technology-and-Sustainability.pdf#page=211