This paper investigates whether, in what direction, and to what extent one mode of technology transfer – namely, overseas R&D – is influenced by the strength of intellectual property protection that host nations provide. Using data spanning the period 1977-2004, we find weak support at best for the claim that strengthening intellectual property rights will have a significant positive influence on the magnitude of overseas R&D investment by (US) multinationals. This result is found to be robust to dis-aggregation of both the measure of intellectual property protection into its component indices, as well as to dis-aggregation of overseas R&D into industry-specific magnitudes. Instead, the host country market size and availability of local human capital resources are found to be the consistently important explanatory variables. [CDE DSE WP NO 166]
Download Info
To download:
If you experience problems downloading a file, check if you have the
proper application to
view it first. Information about this may be contained
in the File-Format links below. In case of further problems read
the IDEAS help
page. Note that these files are not on the IDEAS
site. Please be patient as the files may be large.
Publisher Info
Paper provided by esocialsciences.com in its series Working Papers with number
id:1948.
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.: