Patent as a Tool for Facilitating Innovation: Lessons from Green

Headquartered understanding of the socio-economic and technological in Waterloo, Canada, CIGI has received support impacts of digitalization and improve the quality and from the Government of Canada, the Government relevance of related research. [...] Instead, it is covered by other provisions where the necessity of development and deployment of relevant scientific knowledge and technology has been expressly mentioned.7 The Paris Agreement also endorses the Technology Mechanism that consists of two bodies: the Technology Executive Committee and the Climate Technology Centre and Network established by the Conference of the Parties in 2010.8 In 2. [...] Formed in March 2012, COSIA brings together leading companies in the sector with the shared goal of advancing sustainable practices and mitigating the environmental impact of oil sands development.9 At the core of COSIA’s approach is the commitment to technology and knowledge sharing. [...] Weakness A significant factor contributing The impediment to actualizing It is classified as a semi-open to the failure of the Eco-Patent the Green Xchange model collaboration mechanism, Commons was the initiation stems from a deficiency encompassing the sharing and implementation of the idea in genuine dedication to of green patents within the without consulting the demand the collaborative shari. [...] Considering the advantages and disadvantages of these existing models, the study suggests that if a model, such as the Eco-Patent Commons, is introduced to stimulate the innovation of AI-powered, climate- smart agricultural technologies, it should be designed to resolve the weaknesses experienced by the previously existing Eco-Patent Commons.