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The impacts of intellectual capital, market size, and intellectual property factors in geothermal power exploration

There are many advantages of geothermal energy, as an environmentally friendly resource; however, for these benefits of geothermal power to be fully maximized, there are some problems that need to be addressed. The primary objective of this research was to examine the influence of intellectual prope...

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Main Authors: Alsaleh, Mohd, Abdul-Rahim, A.S.
Format: Article
Language:English
Published: SAGE Publications 2024
Online Access:http://psasir.upm.edu.my/id/eprint/112032/1/112032.pdf
http://psasir.upm.edu.my/id/eprint/112032/
https://journals.sagepub.com/doi/10.1177/01445987231200100
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spelling my.upm.eprints.1120322024-10-28T07:21:48Z http://psasir.upm.edu.my/id/eprint/112032/ The impacts of intellectual capital, market size, and intellectual property factors in geothermal power exploration Alsaleh, Mohd Abdul-Rahim, A.S. There are many advantages of geothermal energy, as an environmentally friendly resource; however, for these benefits of geothermal power to be fully maximized, there are some problems that need to be addressed. The primary objective of this research was to examine the influence of intellectual property (IP) rights and economic growth on the geothermal energy output among the 27 European countries within the time frame 1990 to 2021. This study adopts auto-regressive distributed lag (ARDL). The findings show that a significant increase in the geothermal energy industry sustainability can occur in EU14 emerged economies using IP rights than in EU13 emerging economies. The major contributions of the research are that among additional factors, intellectual capital, market size, intuitional quality, and economic growth contribute more positively to geothermal energy sustainability in EU14 emerged economies than in EU13 emerging economies. Results from the analysis show geothermal power sustainability among the 27 European countries could be boosted significantly by adequately putting in place the determining factors of IP as this will foster the attainment of aims behind the energy union by the year 2030. This will no doubt be of help in curbing climate change and environmental pollution in society. The projected calculations were validated through the three estimators adopted for this study, that is, the pooled mean group, mean group, and dynamic fixed effect. The policy implication pointed out by this study the European nations in this study need to make IP indicators to be more effective as this helps in achieving societal and environmental goals. Moreover, the authorities in charge of lawmaking in European countries should focus more on IP areas to ensure the sustainability of geothermal energy generation. Also, authorities in charge of policymaking in the European nations should foster commixture strategies that are sustainable in enhancing IP breakdown as this will assist in fostering geothermal power exploration, thereby reducing the need for fossil fuels which will also carbon dioxide emission in the years to come. © The Author(s) 2023. SAGE Publications 2024 Article PeerReviewed text en cc_by_4 http://psasir.upm.edu.my/id/eprint/112032/1/112032.pdf Alsaleh, Mohd and Abdul-Rahim, A.S. (2024) The impacts of intellectual capital, market size, and intellectual property factors in geothermal power exploration. Energy Exploration & Exploitation, 42 (4). pp. 1241-1266. ISSN 0144-5987; eISSN: 2048-4054 https://journals.sagepub.com/doi/10.1177/01445987231200100 10.1177/01445987231200100
institution Universiti Putra Malaysia
building UPM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Putra Malaysia
content_source UPM Institutional Repository
url_provider http://psasir.upm.edu.my/
language English
description There are many advantages of geothermal energy, as an environmentally friendly resource; however, for these benefits of geothermal power to be fully maximized, there are some problems that need to be addressed. The primary objective of this research was to examine the influence of intellectual property (IP) rights and economic growth on the geothermal energy output among the 27 European countries within the time frame 1990 to 2021. This study adopts auto-regressive distributed lag (ARDL). The findings show that a significant increase in the geothermal energy industry sustainability can occur in EU14 emerged economies using IP rights than in EU13 emerging economies. The major contributions of the research are that among additional factors, intellectual capital, market size, intuitional quality, and economic growth contribute more positively to geothermal energy sustainability in EU14 emerged economies than in EU13 emerging economies. Results from the analysis show geothermal power sustainability among the 27 European countries could be boosted significantly by adequately putting in place the determining factors of IP as this will foster the attainment of aims behind the energy union by the year 2030. This will no doubt be of help in curbing climate change and environmental pollution in society. The projected calculations were validated through the three estimators adopted for this study, that is, the pooled mean group, mean group, and dynamic fixed effect. The policy implication pointed out by this study the European nations in this study need to make IP indicators to be more effective as this helps in achieving societal and environmental goals. Moreover, the authorities in charge of lawmaking in European countries should focus more on IP areas to ensure the sustainability of geothermal energy generation. Also, authorities in charge of policymaking in the European nations should foster commixture strategies that are sustainable in enhancing IP breakdown as this will assist in fostering geothermal power exploration, thereby reducing the need for fossil fuels which will also carbon dioxide emission in the years to come. © The Author(s) 2023.
format Article
author Alsaleh, Mohd
Abdul-Rahim, A.S.
spellingShingle Alsaleh, Mohd
Abdul-Rahim, A.S.
The impacts of intellectual capital, market size, and intellectual property factors in geothermal power exploration
author_facet Alsaleh, Mohd
Abdul-Rahim, A.S.
author_sort Alsaleh, Mohd
title The impacts of intellectual capital, market size, and intellectual property factors in geothermal power exploration
title_short The impacts of intellectual capital, market size, and intellectual property factors in geothermal power exploration
title_full The impacts of intellectual capital, market size, and intellectual property factors in geothermal power exploration
title_fullStr The impacts of intellectual capital, market size, and intellectual property factors in geothermal power exploration
title_full_unstemmed The impacts of intellectual capital, market size, and intellectual property factors in geothermal power exploration
title_sort impacts of intellectual capital, market size, and intellectual property factors in geothermal power exploration
publisher SAGE Publications
publishDate 2024
url http://psasir.upm.edu.my/id/eprint/112032/1/112032.pdf
http://psasir.upm.edu.my/id/eprint/112032/
https://journals.sagepub.com/doi/10.1177/01445987231200100
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score 13.211869

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