EconPapers    
Economics at your fingertips  
 

Do Stronger Intellectual Property Rights Increase International Technology Transfer? Empirical Evidence from U. S. Firm-Level Panel Data

Lee G. Branstetter, Raymond Fisman and C. Fritz Foley

The Quarterly Journal of Economics, 2006, vol. 121, issue 1, 321-349

Abstract: This paper examines how technology transfer within U. S. multinational firms changes in response to a series of IPR reforms undertaken by sixteen 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.

Date: 2006
References: Add references at CitEc
Citations: View citations in EconPapers (231) Track citations by RSS feed

Downloads: (external link)
http://hdl.handle.net/10.1093/qje/121.1.321 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
Working Paper: Do stronger intellectual property rights increase international technology transfer? Empirical evidence from U.S. firm-level panel data (2004) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:qjecon:v:121:y:2006:i:1:p:321-349.

Access Statistics for this article

The Quarterly Journal of Economics is currently edited by Robert J. Barro, Elhanan Helpman, Lawrence F. Katz and Andrei Schleifer

More articles in The Quarterly Journal of Economics from Oxford University Press
Bibliographic data for series maintained by Oxford University Press ().

 
Page updated 2021-09-16
Handle: RePEc:oup:qjecon:v:121:y:2006:i:1:p:321-349.