Abstract:

One of the key factors for achieving sustainable economic growth is the creation of an economic structure that can develop patents and innovative products. R&D investments in green energy technologies and patents are the basis of the sustainable economic growth process. In the study, the relationship between investments in green energy technology and patents, energy prices, environmental policies have been examined. For this purpose, long term coefficient analysis considering cross-sectional dependency tests, second generation unit root analyzes, cointegration test considering structural breaks and cross-sectional dependency are applied by creating a demand-side equation based on panel data analysis. According to the analysis findings, the green patent number is affected by the macro-economic variables considered in the model.

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