Intellectual property rights, multinational firms and technology transfers
نویسندگان
چکیده
Intellectual Property Rights (IPR) protect firms from imitation and are considered crucial to promoting innovation technological diffusion. This paper examines the impact of IPR on import-sourcing decisions multinational firms. We consider a framework in which offshore production an intermediate good another country. Firms can decide either import vertically integrated producers, or independent suppliers. In both cases, offshoring part process embodies risk imitation. The model predicts that, under reasonable parameter restrictions, stronger disproportionately encourages imports goods through vertical integration. Using US Related-Party Trade database, we find empirical evidence supportive positive link between level share manufacturers.
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ژورنال
عنوان ژورنال: Journal of Economic Behavior and Organization
سال: 2021
ISSN: ['0167-2681', '1879-1751']
DOI: https://doi.org/10.1016/j.jebo.2021.02.005