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Early warning of trends in commercial wildlife trade through novel machine-learning analysis of patent filing

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Title: Early warning of trends in commercial wildlife trade through novel machine-learning analysis of patent filing
Authors: Hinsley, A
Challender, DWS
Masters, S
Macdonald, DW
Milner-Gulland, EJ
Fraser, J
Wright, J
Item Type: Journal Article
Abstract: Unsustainable wildlife trade imperils thousands of species, but efforts to identify and reduce these threats are hampered by rapidly evolving commercial markets. Businesses trading wildlife-derived products innovate to remain competitive, and the patents they file to protect their innovations also provide an early-warning of market shifts. Here, we develop a novel machine-learning approach to analyse patent-filing trends and apply it to patents filed from 1970-2020 related to six traded taxa that vary in trade legality, threat level, and use type: rhinoceroses, pangolins, bears, sturgeon, horseshoe crabs, and caterpillar fungus. We found 27,308 patents, showing 130% per-year increases, compared to a background rate of 104%. Innovation led to diversification, including new fertilizer products using illegal-to-trade rhinoceros horn, and novel farming methods for pangolins. Stricter regulation did not generally correlate with reduced patenting. Patents reveal how wildlife-related businesses predict, adapt to, and create market shifts, providing data to underpin proactive wildlife-trade management approaches.
Issue Date: 1-Aug-2024
Date of Acceptance: 14-Jun-2024
URI: http://hdl.handle.net/10044/1/114762
DOI: 10.1038/s41467-024-49688-x
ISSN: 2041-1723
Publisher: Nature Portfolio
Journal / Book Title: Nature Communications
Volume: 15
Copyright Statement: © The Author(s) 2024. Open Access This article is licensed under a Creative Commons Attribution 4.0 International License, which permits use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons licence, and indicate if changes were made. The images or other third party material in this article are included in the article’s Creative Commons licence, unless indicated otherwise in a credit line to the material. If material is not included in the article’s Creative Commons licence and your intended use is not permitted by statutory regulation or exceeds the permitted use, you will need to obtain permission directly from the copyright holder. To view a copy of this licence, visit http://creativecommons.org/licenses/by/4.0/.
Publication Status: Published
Conference Place: England
Article Number: 6379
Online Publication Date: 2024-08-01
Appears in Collections:Imperial College Business School
Faculty of Natural Sciences



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