Judicial protection of intellectual property rights and manipulative behaviors in corporate research and development expenses

Qiong Li and Jiuzheng Pei

Finance Research Letters, 2024, vol. 65, issue C

Abstract: This paper explores the relationship between the level of judicial protection of intellectual property rights and the propensity of publicly traded companies to engage in research and development (R&D) manipulation. The data utilized for this study span the years 2011–2020 to show that increasing the intensity of regional judicial protection of IPRs can `effectively reduce the likelihood of corporate R&D manipulation. It is also reduced by the level of judicial protection for intellectual property, primarily through the provision of incentives for high-quality innovations. These findings offer new insights into and principles for inhibiting corporate R&D expenditure manipulations.

Keywords: Judicial protection; Intellectual property rights; R&D manipulative behavior (search for similar items in EconPapers)
Date: 2024
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:finlet:v:65:y:2024:i:c:s154461232400641x

DOI: 10.1016/j.frl.2024.105611

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