Intellectual property rights and the governance of international R&D partnerships
John Hagedoorn,
Daniëlle Bertrand-Cloodt and
Hans van Kranenburg
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Hans van Kranenburg: MERIT and Department of Organization and Strategy, Faculty of Economics and Business Administration, Maastricht University, The Netherlands
Journal of International Business Studies, 2005, vol. 36, issue 2, 175-186
Abstract:
This paper studies the degree to which country differences in intellectual property rights protection affect the choice of companies for a particular mode of international inter-firm R&D partnering. It focuses on the preference of companies for either an equity joint venture or a contractual partnership. We find that international differences in intellectual property rights protection are a significant factor: with less secure protection, firms choose R&D joint ventures rather than contractual partnerships. The level of technological change in industries has an inverse effect on the preference for international R&D joint ventures. Journal of International Business Studies (2005) 36, 175–186. doi:10.1057/palgrave.jibs.8400122
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:pal:jintbs:v:36:y:2005:i:2:p:175-186
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