Share and Export
Share and Export
Leahy, Dermot (2010) Intellectual Property Rights and Entry into a Foreign Market: FDI versus Joint Ventures. Review of International Economics, 18 (4). pp. 633-649. ISSN 0965-7576
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Abstract
We study the effect of the intellectual property rights (IPR) regime of a host country (South) on a multinational’s
decision between serving a market via greenfield foreign direct investment to avoid the exposure
of its technology or a North–South joint venture (JV) with a local firm, which allows R&D spillovers under
imperfect IPRs. JV is the equilibrium market structure when R&D intensity is moderate and IPRs strong.
The South can gain from increased IPR protection because it encourages a JV, whereas policies to limit
foreign ownership in a JV gain importance in technology-intensive industries as complementary policies to
strong IPRs.
| Item Type: | Article |
|---|---|
| Keywords: | Intellectual; Property Rights; Foreign Market; FDI; |
| Academic Unit: | Faculty of Social Sciences > Economics, Finance and Accounting |
| Item ID: | 8459 |
| Identification Number: | 10.1111/j.1467-9396.2010.00901.x |
| Depositing User: | Dermot Leahy |
| Date Deposited: | 18 Jul 2017 08:28 |
| Journal or Publication Title: | Review of International Economics |
| Publisher: | Wiley |
| Refereed: | Yes |
| Related URLs: | |
| URI: | https://mural.maynoothuniversity.ie/id/eprint/8459 |
| Use Licence: | This item is available under a Creative Commons Attribution Non Commercial Share Alike Licence (CC BY-NC-SA). Details of this licence are available here |
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