Intellectual property rights, multinational firms and economic growth

详细信息    查看全文

• 作者：Elias Dinopoulos ; Paul Segerstrom
• 关键词：Intellectual property rights protection ; International technology transfer ; North– ; South trade ; Multinational firms ; Economic growth
• 刊名：Journal of Development Economics
• 出版年：2010
• 出版时间：May 2010
• 年：2010
• 卷：92
• 期：1
• 页码：13-27
• 全文大小：441 K

文摘

This paper develops a model of North–South trade with multinational firms and economic growth in order to analyze formally the effects of stronger intellectual property rights (IPR) protection in developing countries. In the model, Northern firms invent new higher-quality products, multinational firms transfer manufacturing operations to the South and the Southern firms imitate products produced by multinational firms. It is shown that stronger IPR protection in the South (i.e., the adoption and implementation of the TRIPs agreement) leads to a permanent increase in the rate of technology transfer to the South within multinational firms, a permanent increase in R&D employment by Southern affiliates of Northern multinationals, a permanent decrease in the North–South wage gap, and a temporary increase in the Northern innovation rate.