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Foreign Direct Investments and Intellectual Property Rights. International Intangible Assets in Spain circa 1820–1939

Author

Listed:
  • Saiz, Patricio

    (Departamento de Análisis Económico: Teoría Económica e Historia Económica. Universidad Autónoma de Madrid)

  • Castro, Rafael

    (Departamento de Análisis Económico: Teoría Económica e Historia Económica. Universidad Autónoma de Madrid)

Abstract

We devote this paper to reflecting on Foreign Direct Investment (FDI) and Intellectual Property Rights (IPRs) in the long run, particularly analyzing the case of Spain during the nineteenth and twentieth centuries. Although the interactions between IPRs and FDI have attracted significant research efforts in distinct economic and business areas, the results lack permanent answers. Our findings demonstrate that, from a macro-level perspective, 1) FDI and IPRs are effectively related in the long term; 2) weak IPR protection does not seem to have stopped FDI; and 3) the countries with major FDI in Spain were less worried about IPR management than others with less FDI.

Suggested Citation

  • Saiz, Patricio & Castro, Rafael, 2013. "Foreign Direct Investments and Intellectual Property Rights. International Intangible Assets in Spain circa 1820–1939," Working Papers in Economic History 2013/02, Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History).
    • Handle: RePEc:uam:wpapeh:201302
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    More about this item

    Keywords

    IPR management; patents; trademarks; foreign direct investment; international business history;
    All these keywords.

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • N73 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: Pre-1913
    • N74 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - Europe: 1913-
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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