The Impact of the United States Withdrawal from the Paris Agreement on the EST Innovation: Evidence from Patent Data

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Anuva, Tafsi Islam (2022) The Impact of the United States Withdrawal from the Paris Agreement on the EST Innovation: Evidence from Patent Data. [Dissertation (University of Nottingham only)]

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Abstract

The announcement of the United States withdrawal from the Paris Agreement, also

known as the Paris Climate Accords, has influenced the innovation in the United

States since 2017. This dissertation paper aims to bring to light the impact of this

announcement on the innovation related to environmentally sound technologies

(EST) to depict a better understanding of the magnitude of the effect and the

plausible reasons behind it. In addition to that, the purpose of this research is to

shed light on the insights regarding the drift in the innovation measures and the shift

in the R&D investment of the EST innovation. The sample data for this study was

collected through the past patent information of firms from the United States for the

period of 2011 to 2020. The reason behind conducting a study on the EST innovation

in terms of the effect of the withdrawal announcement has briefly been discussed in

this paper. The EST innovation aligns with the objectives of the Paris Climate

Accords. Thus the withdrawal from this agreement might hinder the EST innovation

and its patenting activities in the United States. Therefore, studying the differential

effect on the innovation measures- in other words the patent quantity and patent

quality, after the announcement, helps to understand the aftershock of this

withdrawal. These findings indicate there is a decreasing trend in the patent quantity,

patent quality and the R&D investment after the announcement; leading towards the

conclusion that this withdrawal announcement has exerted an adverse shock on the

EST innovation.

Item Type: Dissertation (University of Nottingham only)
Depositing User: Anuva, Tafsi
Date Deposited: 06 Jul 2023 13:58
Last Modified: 06 Jul 2023 13:58
URI: https://eprints.nottingham.ac.uk/id/eprint/70665

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