The Academy of Finland has granted funding to the Faculty of Law at the University of Lapland for the consortium research project ‘Shaping, Fixing and Making Markets via IPR: Regulating Sustainable Innovation Ecosystems (SHARE)’. The SHARE project received funding for 560.000 euro in total, of which 280.000 euros goes to the University of Lapland, Faculty of Law. The project is a consortium between the Helsinki University/Faculty of Law (Prof. Taina Pihlajarinne/project PI and Prof. Jukka Mähönen/sub-project PI) and the University of Lapland/Faculty of Law (Associate Prof. Rosa Maria Ballardini/sub-project PI).
The SHARE project explores the emerging need for embedding ‘strong’ environmental sustainability in the IPR- and finance-related regulation of the innovation ecosystem of sustainable technologies, like climate change mitigation technologies. We critically assess the role of IP and finance laws in creating incentives for developing and promoting diffusion of sustainable innovations via closely looking into three main stages of the CCMTs’ innovation ecosystem: 1) financing (market shaping), 2) regulating the process (market fixing), and 3) sharing, licensing and transferring (market making) the innovations. Overall, SHARE will develop a comprehensive academic study, comprising also of concrete recommendations, for how Europe could lead the transformation towards a more sustainable market economy.
The project starts in September 2020.