Open Access
Intellectual Property Protection and US Foreign Direct Investment in Emerging Economies
Reads0
Chats0
TLDR
In this paper, the authors investigated the effects of IPR protection on US FDI in 22 emerging economies using data from 2006 to 2008, and found that the empirical results consistently fail to support the hypothesis that IPRprotection strongly affects advanced country FDI into emerging economies.Abstract:
Received 1 September 2010, revised 3 November 2010 Do intellectual property rights (IPR) affect foreign direct investment (FDI) into emerging economies? While conventional wisdom supports a strong IPR-FDI relationship, the empirical evidence is both mixed and suffers from several shortcomings. To help resolve this paradox, this article investigates the effects of IPR on US FDI in 22 emerging economies using data from 2006 to 2008. It tests two competing, independent measures of IPR protection, as well as disaggregated FDI data to investigate the effects of IPR protection on investments across nine industries economy-wide, and across eight sectors within the manufacturing industry. The empirical results consistently fail to support the hypothesis that IPR protection strongly affects advanced country FDI into emerging economies. Therefore, developing countries may have considerable leeway in IPR design and enforcement; IPR regimes can be tailored to fit a developing country’s domestic socio-economic and cultural conditions without affecting it as a destination for foreign investment. IPRs are not an end-inthemselves, rather they are a means by which to increase investment in innovative activity; they should therefore be designed and enforced with this goal in mind.read more
Citations
More filters
Journal ArticleDOI
Stage-dependent intellectual property rights
TL;DR: In this paper, the authors developed a Schumpeterian growth model of distance to frontier in which economic growth in the developing country is driven by domestic innovation as well as imitation and transfer of foreign technologies through foreign direct investment.
Journal ArticleDOI
Diffusion of Green Technology: A Survey
TL;DR: In this article, the authors survey the existing literature on diffusion of environmentally beneficial technology and confirm many of the lessons of the larger literature on technology diffusion: diffusion often appears slow when viewed from the outside; the flow of information is an important factor in the diffusion process; networks and organizations can matter; behavioural factors such as values and cognitive biases also play a role.
Posted Content
Human Capital Development and FDI in Developing Countries
TL;DR: In this article, the authors evaluate the proposition that development of human capital can be instrumental in attracting FDI in developing countries by using fixed effects models on the panel data of 23 selected developing countries and 35 years.
Journal ArticleDOI
Intellectual Property Rights, Investment Climate and FDI in Developing Countries
TL;DR: In this paper, the authors used panel data for a cross-section of 75 developing countries over a period of 19 years (1985-2003) to investigate the impact of Intellectual Property Rights (IPR) protection on foreign direct investment.
Journal ArticleDOI
The impact of the institution of patent protection and enforcement on entry mode strategy: A panel data investigation of U.S. firms
TL;DR: In this paper, the authors investigate the degree to which de facto book law protection of patents and de facto enforcement of these laws influences the propensity of firms to exploit their patented technology in foreign markets with company-owned operations or unrelated concerns using licensing agreements.
References
More filters
Journal ArticleDOI
International investment location decisions
David Wheeler,Ashoka Mody +1 more
TL;DR: In this paper, the authors focus on manufacturing investments by U.S. multinationals in the 1980s and conclude that high-cost tournament play is unnecessary for countries with good infrastructure development, specialized input suppliers and an expanding domestic market.
Journal ArticleDOI
The Eclectic (OLI) Paradigm of International Production: Past, Present and Future
TL;DR: The authors describes the origins and subsequent evolution of the eclectic paradigm from the mid-1950s to the present day, and concludes that the EH still remains a powerful and robust framework for examining contextual specific theories of foreign direct investment and international production.
Journal ArticleDOI
International patent protection: 1960–2005
TL;DR: In this article, the authors presented an update to the index of patent protection published in this journal in 1997, and extended it to 122 countries, including the USA, Canada, and India.
Journal ArticleDOI
The composition of foreign direct investment and protection of intellectual property rights : evidence from transition economies
TL;DR: This article found that weak protection deters foreign investors in technology-intensive sectors that rely heavily on intellectual property rights, and that a weak intellectual property regime encourages investors to undertake projects focusing on distribution rather than local production.
Book
Intellectual Property Protection, Foreign Direct Investment, and Technology Transfer
TL;DR: In this article, a combination of survey data, interview studies, and statistical analysis was used to investigate the effect of IP protection on the transfer of technology to a developing country through foreign direct investment.
Related Papers (5)
Intellectual Property Rights as Determinant of Foreign Direct Investment Entry Mode: The Case of Greece
Dimitrios Kyrkilis,Sofia Koboti +1 more
The Impact of the National Innovation Systems on the Flow and Benefits of Foreign Direct Investment to National Economies
Angathevar Baskaran,Mammo Muchie +1 more