In recent years, the private sector’s efforts to develop responses to environmental challenges have focused strongly on technological solutions. For many businesses in this field, patent protection for innovative technology is a key element of their business strategies. But as global economic conditions make it more difficult to mount capital-intensive ventures, and as competition stiffens in many subsectors, patents on traditional technology may not be as rewarding an investment as they have been. In this new environment, we are likely to see more investment in logistical and structural innovations, and consequently in patents on business methods.
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