Patent rights protection and Japanese foreign direct investment

被引:20
|
作者
Ushijima, Tatsuo [1 ]
机构
[1] Aoyama Gakuin Univ, Grad Sch Int Management, Shibuya Ku, Tokyo 1508366, Japan
关键词
Foreign direct investment; Patent laws; Technology spillover; Japanese firm; INTELLECTUAL PROPERTY PROTECTION; KNOWLEDGE-CAPITAL MODEL; EXCHANGE-RATES; US; DETERMINANTS; DECISION; FLOWS; FIRMS; FDI;
D O I
10.1016/j.respol.2012.09.010
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
This paper estimates the link between Japanese foreign direct investment (FDI) and the host country's patent rights protection (PRP) in 1985-2004. Regressions performed on data that are aggregated in a variety of ways identify a positive and significant link that is concentrated in countries with a high innovative (imitative) ability and technology-intensive industries. Firm-level logistic regressions show that the link is stronger for firms that depend more on patents to protect innovations than their industry peers. These patterns lend strong support to the argument that PRP and FDI are correlated across countries because the strengthening of PRP ameliorates investors' concerns about the spillover of proprietary technology. (C) 2012 Elsevier B.V. All rights reserved.
引用
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页码:738 / 748
页数:11
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