By Abhishyant Kidangoor Economists have long made the case that regulations foster greater innovation by business players. This apparently also applies to businesses involved in the wildlife trade, new research suggests. In their recently published study, researchers from the University of Oxford in the U.K. found that stricter regulations haven’t led to a reduction in patents filed for products made from animal parts. This includes rhino horns and pangolin scales, both of which are banned from being traded internationally. Co-lead author Amy Hinsley attributed the finding to a lack of awarene…