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...
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| Format: | Policy Research Working Paper |
| Language: | English en_US |
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World Bank, Washington, D.C.
2013
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| 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 |
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okr-10986-141302021-04-23T14:03:21Z Do Stronger Intellectual Property Rights Increase International Technology Transfer? Empirical Evidence from U.S. Firm-Level Panel Data Branstetter, Lee G. Fisman, Raymond Foley, C. Fritz BALANCE OF PAYMENTS COPYRIGHT DATA SOURCES DEVELOPED COUNTRIES DEVELOPING COUNTRIES DIFFUSION OF TECHNOLOGY EASTERN EUROPE ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC VALUE ECONOMICS ECONOMICS LITERATURE EMPIRICAL EVIDENCE EMPIRICAL WORK ENDOGENEITY ENGINEERING EXCHANGE RATES EXPENDITURES IMPORTS INCOME INNOVATION INTANGIBLE PROPERTY INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY PROTECTION INTELLECTUAL PROPERTY RIGHTS INTERNATIONAL TECHNOLOGY TRANSFER INVENTIONS INVENTORS IPR LICENSE FEES LICENSEE LICENSING MULTINATIONAL ENTERPRISES NEW PRODUCTS NEW TECHNOLOGIES NEW TECHNOLOGY PATENT PATENTS POLICY MAKERS PRODUCT DEVELOPMENT PRODUCTIVITY PROTOTYPES RELATIVE VALUE ROYALTIES ROYALTY PAYMENTS SPILLOVERS STATISTICAL ANALYSIS STREAMS TAX INCENTIVES TAX RATES TECHNOLOGY TRANSFERS TRADEMARKS 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. 2013-06-21T19:34:21Z 2013-06-21T19:34:21Z 2004-05 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 English en_US Policy Research Working Paper;No.3305 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, D.C. Publications & Research :: Policy Research Working Paper Publications & Research |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
BALANCE OF PAYMENTS COPYRIGHT DATA SOURCES DEVELOPED COUNTRIES DEVELOPING COUNTRIES DIFFUSION OF TECHNOLOGY EASTERN EUROPE ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC VALUE ECONOMICS ECONOMICS LITERATURE EMPIRICAL EVIDENCE EMPIRICAL WORK ENDOGENEITY ENGINEERING EXCHANGE RATES EXPENDITURES IMPORTS INCOME INNOVATION INTANGIBLE PROPERTY INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY PROTECTION INTELLECTUAL PROPERTY RIGHTS INTERNATIONAL TECHNOLOGY TRANSFER INVENTIONS INVENTORS IPR LICENSE FEES LICENSEE LICENSING MULTINATIONAL ENTERPRISES NEW PRODUCTS NEW TECHNOLOGIES NEW TECHNOLOGY PATENT PATENTS POLICY MAKERS PRODUCT DEVELOPMENT PRODUCTIVITY PROTOTYPES RELATIVE VALUE ROYALTIES ROYALTY PAYMENTS SPILLOVERS STATISTICAL ANALYSIS STREAMS TAX INCENTIVES TAX RATES TECHNOLOGY TRANSFERS TRADEMARKS |
| spellingShingle |
BALANCE OF PAYMENTS COPYRIGHT DATA SOURCES DEVELOPED COUNTRIES DEVELOPING COUNTRIES DIFFUSION OF TECHNOLOGY EASTERN EUROPE ECONOMIC ACTIVITY ECONOMIC ANALYSIS ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC VALUE ECONOMICS ECONOMICS LITERATURE EMPIRICAL EVIDENCE EMPIRICAL WORK ENDOGENEITY ENGINEERING EXCHANGE RATES EXPENDITURES IMPORTS INCOME INNOVATION INTANGIBLE PROPERTY INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY PROTECTION INTELLECTUAL PROPERTY RIGHTS INTERNATIONAL TECHNOLOGY TRANSFER INVENTIONS INVENTORS IPR LICENSE FEES LICENSEE LICENSING MULTINATIONAL ENTERPRISES NEW PRODUCTS NEW TECHNOLOGIES NEW TECHNOLOGY PATENT PATENTS POLICY MAKERS PRODUCT DEVELOPMENT PRODUCTIVITY PROTOTYPES RELATIVE VALUE ROYALTIES ROYALTY PAYMENTS SPILLOVERS STATISTICAL ANALYSIS STREAMS TAX INCENTIVES TAX RATES TECHNOLOGY TRANSFERS TRADEMARKS Branstetter, Lee G. Fisman, Raymond Foley, C. Fritz Do Stronger Intellectual Property Rights Increase International Technology Transfer? Empirical Evidence from U.S. Firm-Level Panel Data |
| relation |
Policy Research Working Paper;No.3305 |
| description |
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. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Branstetter, Lee G. Fisman, Raymond Foley, C. Fritz |
| author_facet |
Branstetter, Lee G. Fisman, Raymond Foley, C. Fritz |
| author_sort |
Branstetter, Lee G. |
| title |
Do Stronger Intellectual Property Rights Increase International Technology Transfer? Empirical Evidence from U.S. Firm-Level Panel Data |
| title_short |
Do Stronger Intellectual Property Rights Increase International Technology Transfer? Empirical Evidence from U.S. Firm-Level Panel Data |
| title_full |
Do Stronger Intellectual Property Rights Increase International Technology Transfer? Empirical Evidence from U.S. Firm-Level Panel Data |
| title_fullStr |
Do Stronger Intellectual Property Rights Increase International Technology Transfer? Empirical Evidence from U.S. Firm-Level Panel Data |
| title_full_unstemmed |
Do Stronger Intellectual Property Rights Increase International Technology Transfer? Empirical Evidence from U.S. Firm-Level Panel Data |
| title_sort |
do stronger intellectual property rights increase international technology transfer? empirical evidence from u.s. firm-level panel data |
| publisher |
World Bank, Washington, D.C. |
| publishDate |
2013 |
| url |
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 |
| _version_ |
1764430584181948416 |