STRATEGIC ENFORCEMENT, INTELLECTUAL PROPERTY RIGHTS, AND CONTRACTUAL R&D.

This study examines the role of intellectual property rights ( IPRs) in contractual research and development (R&D) in developing countries. We find that strong IPRs provide incentives for firms, both multinational and local, to specialize in R&D activities in which they have competitive advantage (t...

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Publicado en:Economic Inquiry Vol. 54; no. 4; pp. 1904 - 1918
Autores principales: Beladi, Hamid, Marjit, Sugata, Xu, Xinpeng, Yang, Lei
Formato: Artículo
Publicado: Wiley-Blackwell Oct2016
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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      dt: Oct2016
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      tig:
        atl: STRATEGIC ENFORCEMENT, INTELLECTUAL PROPERTY RIGHTS, AND CONTRACTUAL R&D.
      aug:
        au:
          Beladi, Hamid
          Marjit, Sugata
          Xu, Xinpeng
          Yang, Lei
        affil:
          Professor, Department of Economics, The University of Texas at San Antonio, San Antonio TX 78249
          Professor, Department of Economics, University of Calcutta, Centre for Studies in Social Sciences, Calcutta 700094, India
          Professor, School of Accounting and Finance, The Hong Kong Polytechnic University, Hong Kong 518000, Hong Kong
          Associate Professor, School of Accounting and Finance, The Hong Kong Polytechnic University, Hong Kong 518000, Hong Kong
      su:
        Intellectual property
        Globalization
        Research & development
        Developing countries commerce
        Foreign investments
      sug:
        subj:
          Intellectual property
          Globalization
          International Trade Financing
          Research and Development in Biotechnology
          Research and Development in the Physical, Engineering, and Life Sciences (except Biotechnology)
          Research & development
          Developing countries commerce
          Foreign investments
      ab: This study examines the role of intellectual property rights ( IPRs) in contractual research and development (R&D) in developing countries. We find that strong IPRs provide incentives for firms, both multinational and local, to specialize in R&D activities in which they have competitive advantage (the specialization effect). They also facilitate the switching process from imitators to potential innovators for local firms (the switching effect). Moreover, we also demonstrate that a multinational firm's strategic IPRs enforcement behavior can be an effective instrument for subsidizing contractual R&D in developing countries (the subsidizing effect). We further illustrate how a policy mix of IPRs and a foreign direct investment subsidy in these countries affects R&D activities by adding an offshore R&D subsidiary as an additional organizational form. ( JEL L13, O31, O34)
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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