Partner Erik Hawes is quoted in a World Intellectual Property (IP) Day-themed IPWatchdog article that explores the ways IP incentivizes the creation of innovative solutions to global sustainable development challenges. In the article, Erik explains that IP rights for new technologies are critical to achieve sustainability and development globally.
“Efforts to reduce carbon emissions and promote sustainable energy sources are dependent on the development of new technologies in a diverse range of industries including wind power, biofuels, geothermal, and energy storage,” Erik said.
“In the long run, the market incentive provided by IP rights is necessary to drive the private investment needed to achieve the world’s sustainable development goals.”