Do Stronger Intellectual Property Rights Increase International Technology Transfer? Empirical Evidence from U.S. Firm-Level Panel Data

No AccessPolicy Research Working Papers25 Jun 2013Do Stronger Intellectual Property Rights Increase International Technology Transfer? Empirical Evidence from U.S. Firm-Level Panel DataAuthors/Editors: Raymond Fisman, Lee G. Branstetter, C. Fritz FoleyRaymond Fisman, Lee G. Branstetter, C. Fritz Foleyhttps://doi.org/10.1596/1813-9450-3305SectionsAboutPDF (0.3 MB) ToolsAdd to favoritesDownload CitationsTrack Citations ShareFacebookTwitterLinked In Abstract: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. Branstetter, Fisman, and Foley examine 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. Their 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. This paper—a product of Trade, Development Research Group—is part of a larger effort in the group to understand the global impact of stronger intellectual property rights. Previous bookNext book FiguresReferencesRecommendedDetailsCited ByKeeping pace with the healthcare transformation: a literature review and research agenda for a new decade of health information systems researchElectronic Markets, Vol.117 July 2021 View Published: May 2004 Copyright & Permissions Related RegionsEast Asia & PacificLatin America & CaribbeanRelated CountriesCzech RepublicKorea, Republic ofRelated TopicsFinance and Financial Sector DevelopmentIndustryInformation and Communication TechnologiesInternational Economics & TradeLaw and DevelopmentMacroeconomics and Economic GrowthPrivate Sector Development KeywordsDATA SOURCESDATABASEDATABASESENGINEERINGINDEXESINFORMATIONINVENTIONSINVENTORSNEW TECHNOLOGIESNEW TECHNOLOGYPAYMENTSSYSTEMSYSTEMSTECHNOLOGIESTECHNOLOGYTECHNOLOGY LICENSINGTECHNOLOGY TRANSFER PDF DownloadLoading ...