Leahy, Dermot
(2010)
Intellectual Property Rights and Entry into a
Foreign Market: FDI versus Joint Ventures.
Review of International Economics, 18 (4).
pp. 633-649.
ISSN 0965-7576
Abstract
We study the effect of the intellectual property rights (IPR) regime of a host country (South) on a multinational’s
decision between serving a market via greenfield foreign direct investment to avoid the exposure
of its technology or a North–South joint venture (JV) with a local firm, which allows R&D spillovers under
imperfect IPRs. JV is the equilibrium market structure when R&D intensity is moderate and IPRs strong.
The South can gain from increased IPR protection because it encourages a JV, whereas policies to limit
foreign ownership in a JV gain importance in technology-intensive industries as complementary policies to
strong IPRs.
| Item Type: |
Article
|
| Keywords: |
Intellectual; Property Rights;
Foreign Market; FDI; |
| Academic Unit: |
Faculty of Social Sciences > Economics, Finance and Accounting |
| Item ID: |
8459 |
| Identification Number: |
https://doi.org/10.1111/j.1467-9396.2010.00901.x |
| Depositing User: |
Dermot Leahy
|
| Date Deposited: |
18 Jul 2017 08:28 |
| Journal or Publication Title: |
Review of International Economics |
| Publisher: |
Wiley |
| Refereed: |
Yes |
| URI: |
|
| Use Licence: |
This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available
here |
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