(204b) Green Technology: Innovation and Regulatory Trends
AIChE Annual Meeting
Wednesday, November 17, 2021 - 12:45pm to 1:00pm
Recent developments indicate the US government will be investing significantly in the research and development of green technology over the next several years. Indeed, two of the Biden administration's goals are to usher legislation that âmakes a historic investment in clean energy and climate research and innovationâ and âincentivizes the rapid deployment of clean energy innovations across the economy, especially in communities most impacted by climate change.â Innovators in this space stand to gain access to billions of dollars that can fund research and development. This could also mean that many of these innovatorsâ patent rights could be funded by the US government. Accordingly, this presentation will discuss the benefits and drawbacks federal government funding may have on a US patent holderâs rights.
The presentation will also include real-life examples illustrating the issues mentioned above. That discussion will focus on examples showing how green innovators and entrepreneurs have taken an idea from concept to patent, achieved funding via their intellectual property, and developed a prototype or pilot plant before heading to market. The presentation will discuss how these strategies can be implemented by researchers, innovators, and entrepreneurs in the coming years in light of the industry trends and potential regulatory changes.