Do stronger intellectual property rights increase international technology transfer?
Subtitle: empirical evidence from U.S. firm-level data
By: Lee Branstetter, Raymond Fisman, C. Fritz Foley.
Contributors: Fisman, Raymond.; National Bureau of Economic Research.
Series: NBER working paper series ;; working paper 11516; Working paper series (National Bureau of Economic Research : Online) ;; working paper no. 11516.
Publisher: National Bureau of Economic Research
Published: 2005
Place of publication: Cambridge, MA
Language: eng
Format: Electronic resource
Subjects: Technology transfer -- United States.; Intellectual property -- United States.; International business enterprises -- United States.
Description: "This paper examines how technology transfer within U.S. multinational firms changes in response to a series of IPR reforms undertaken by 16 countries over the 1982-1999 period.  Analysis of detailed firm-level data reveals that royalty payments for technology transferred to affiliates increase at the time of reforms, as do affiliate R&D expenditures and total levels of foreign patent applications.  Increases in royalty payments and R&D expenditures are concentrated among affiliates of parent companies that use U.S.  patents extensively prior to reform and are therefore expected to value IPR reform most.  For this set of affiliates, increases in royalty payments exceed 30 percent.  Our results collectively imply that U.S.  multinationals respond to changes in IPR regimes abroad by significantly increasing technology transfer to reforming countries"--National Bureau of Economic Research web site.
Notes: Includes bibliographical references.
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