Information-Driven Innovation in Energy: Toward Sustainable Models for Energy Patent Start-Ups

Rocco Morelli

doi:10.59973/ipil.215

Authors

Rocco Morelli Economic Engineering Association, AICE-ICEC, Milano, Italy

DOI:

https://doi.org/10.59973/ipil.215

Keywords:

Start-up; Investment; Innovation; New Ideas Experimentation; Patents; Conceptual Projects; Sustainability; ESG Management; Life Cycle Cost (LCC); Total Management Cost (TCM); Systemic Value Cost (SVM); Start-up Financing; Industrial prototype development;

Abstract

In modern economies, especially in the EU, one of the main ways to finance and launch innovative businesses is through regulations regarding start-ups. This route seems problematic for some new patents, particularly in the energy sector when they require an experimental phase, being based on conceptual projects. Below we briefly reflect on some possible reasons for this problem and highlight aspects that could be useful for improving the regulation, so that it can facilitate the financing of the necessary experiments (or industrial prototype development) and therefore effectively promote innovation and sustainability possibly in a framework of ESG Management.

References

For instance, refer to Appl. Sci. 2024, 14(14), 6297; https://doi.org/10.3390/app14146297 - paragraph 9.Patents: patent application GB2404348.1

September 2022 - Frontiers in Psychology - see DOI: 10.3389/fpsyg.2022.997062. https://www.frontiersin.org/journals/ DOI: https://doi.org/10.3389/fpsyg.2022.997062

psychology/articles/10.3389/fpsyg.2022.997062/full

Guidelines for the identification and use of the best available techniques pursuant to art. 3, paragraph 2 of Legislative Decree 372/99; see ATTACHMENT to the OFFICIAL GAZETTE OF THE ITALIAN REPUBLIC 12-2-2009 - General Series - no. 35.

Sources Used: World Bank – Investment in Public-Private Partnerships in the Energy Sector; IEA – World Energy Investment Reports; European Commission – Energy Investment Reports; EIB – Investment Reports - Energy Policy Tracker; ScienceDirect; Investopedia. The data have been normalized in 2023 euros and interpolated where specific data are missing.