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

  • 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)

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.

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Paper provided by Universidad Autónoma de Madrid (Spain), Department of Economic Analysis (Economic Theory and Economic History) in its series Working Papers in Economic History with number 2013/02.

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Length: 41 pages
Date of creation: Jul 2013
Date of revision:
Handle: RePEc:uam:wpapeh:201302
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