Modes of Foreign Direct Investment and Intellectual Property Rights Protection: Wholly-owned or Joint Venture? Firm-level Evidence from Taiwanese Multinational Manufacturing Enterprises
Autor: | Po-Lu Chen |
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Rok vydání: | 2013 |
Předmět: |
Intellectual property rights protection
business.industry Geography Planning and Development Developing country Joint venture Manufacturing enterprises International trade Foreign direct investment International economics Development Intellectual property Multinational corporation Economics Level evidence business |
Zdroj: | Review of International Economics. 21:549-561 |
ISSN: | 0965-7576 |
DOI: | 10.1111/roie.12054 |
Popis: | This paper finds evidence from Taiwanese manufacturing multinational enterprises (MNEs) for the period 2003–2005 to show that Taiwanese manufacturing MNEs are more likely to choose joint ventures (JVs) if intellectual property rights (IPRs) protection in the foreign direct investment (FDI) host country is strong. The estimation results suggest that if a country with an IPR strength similar to the level of Chile increases its IPR protection to the strength of Taiwan, the probability of forming JVs in that country will increase by 13.8%. One policy implication of this study is that developing countries can stimulate local participation by IPR reform. |
Databáze: | OpenAIRE |
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