Do Stronger Intellectual Property Rights Increase International Technology Transfer? Empirical Evidence from U.S. Firm-Level Panel Data
One of the alleged benefits of the recent global movement to strengthen intellectual property rights (IPRs) is that such reforms accelerate transfers of technology between countries. The paper examines how technology transfer among U.S. multination...
| Main Authors: | , , |
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
| Published: |
World Bank, Washington, D.C.
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2004/05/5135157/stronger-intellectual-property-rights-increase-international-technology-transfer-empirical-evidence-firm-level-panel-data http://hdl.handle.net/10986/14130 |
| Summary: | One of the alleged benefits of the
recent global movement to strengthen intellectual property
rights (IPRs) is that such reforms accelerate transfers of
technology between countries. The paper examines how
technology transfer among U.S. multinational firms changes
in response to a series of IPR reforms undertaken by 12
countries over the 1982-99 period. The analysis of detailed
firm-level data reveal that royalty payments for intangibles
transferred to affiliates increase at the time of reforms,
as do affiliate research and development (R&D)
expenditures and total levels of foreign patent
applications. Increases in royalty payments and R&D
expenditures are more than 20 percent larger among
affiliates of parent companies that use U.S. patents more
extensively prior to reform and therefore are expected to
value IPR reform most. |
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