Patent protection and foreign R&D investment location choices: inventor mobility and policy convergence

被引:3
作者
Park, Jinhyuck [1 ]
Belderbos, Rene [2 ,3 ,4 ]
机构
[1] NEOMA Business Sch, Strategy Entrepreneurship Dept, 1 Rue Marechal Juin, F-76130 Mont St Aignan, France
[2] Katholieke Univ Leuven, Dept Managerial Econ, Fac Econ & Business Strategy & Innovat, Naamsestr 69, B-3000 Leuven, Belgium
[3] Maastricht Univ, Sch Business & Econ, Tongersestr 53, NL-6211 LM Maastricht, Netherlands
[4] UNU MERIT, Boschstr 24, NL-6211 AX Maastricht, Netherlands
关键词
INTELLECTUAL PROPERTY PROTECTION; MULTINATIONAL FIRMS; EMPIRICAL-EVIDENCE; ECONOMIC-GROWTH; LABOR MOBILITY; VALUE CHAINS; MIXED LOGIT; KNOWLEDGE; INNOVATION; RIGHTS;
D O I
10.1093/icc/dtac018
中图分类号
F [经济];
学科分类号
02 ;
摘要
We suggest two boundary conditions for the positive role of patent protection in attracting inward foreign R&D investments. Patent protection is less effective in limiting the leakage of nonpatented knowledge through interfirm mobility of employees, and a gradual strengthening of patent protection worldwide diminishes its effect as countries get closer to the intellectual property rights (IPR) frontier. We provide evidence in an empirical analysis of 3393 multinational firms' R&D location choices for 8015 greenfield R&D investments in 105 (potential) host countries, during 2003-2014. The relationship between R&D investment location choices and IPR protection is subject to declining marginal effects and negatively moderated by inventor mobility.
引用
收藏
页码:1113 / 1136
页数:24
相关论文
共 50 条
  • [32] The role of the environment in the location of R&D and innovation activities in subsidiaries of foreign multinationals
    Miravitlles, Paloma
    Guitart-Tarres, Laura
    Achcaoucaou, Fariza
    Nunez-Carballosa, Ana
    INNOVATION-ORGANIZATION & MANAGEMENT, 2013, 15 (02): : 170 - 182
  • [33] The influence of government support over environmental protection investment on SMEs: R&D collaboration and financial aspects
    Benito-Hernandez, Sonia
    Lopez-Cozar-Navarro, Cristina
    Priede-Bergamini, Tiziana
    BUSINESS ETHICS THE ENVIRONMENT & RESPONSIBILITY, 2023, 32 (02): : 836 - 846
  • [34] Do firms with foreign residency rights controlling shareholders reduce R&D investment?
    Qiu, Baoyin
    Cheng, Bo
    Qiu, Hangeng
    Chan, Kam C.
    MANAGERIAL AND DECISION ECONOMICS, 2022, 43 (05) : 1403 - 1422
  • [35] Does foreign direct investment facilitate R&D activities of Indian local firms?
    Mangla, Sanjay Kumar
    Yang, Chih-Hai
    APPLIED ECONOMICS, 2025,
  • [36] Academic research strengths and multinational firms' foreign R&D location decisions: evidence from R&D investments in European regions
    Belderbos, Rene
    Van Roy, Vincent
    Leten, Bart
    Thijs, Bart
    ENVIRONMENT AND PLANNING A-ECONOMY AND SPACE, 2014, 46 (04): : 920 - 942
  • [37] Role of Foreign and Domestic Institutional Investors in Corporate Sustainability: Focusing on R&D Investment
    Shin, Ilhang
    Park, Sorah
    SUSTAINABILITY, 2020, 12 (20) : 1 - 13
  • [38] The impact of environmental protection regulations on firms' R&D investment: evidence from China
    Li, Wenyu
    Shan, Wei
    Gao, Junguang
    ENVIRONMENT DEVELOPMENT AND SUSTAINABILITY, 2024,
  • [39] How R&D Financial Subsidies, Regional R&D Input, and Intellectual Property Protection Affect the Sustainable Patent Output of SMEs: Evidence from China
    Xu, Pengyuan
    Zhang, Meiqing
    Gui, Min
    SUSTAINABILITY, 2020, 12 (03)
  • [40] Location advantages and subsidiaries' R&D activities in emerging economies: Exploring the effect of employee mobility
    Yang Q.
    Jiang C.X.
    Asia Pacific Journal of Management, 2007, 24 (3) : 341 - 358