Intellectual property rights, informal economy, and FDI into developing countries

Intellectual property rights, informal economy, and FDI into developing countries

We explore the relationship between intellectual property rights (IPR), the informal economy, and foreign direct investment (FDI) into developing countries. Intuitively, stronger IPR protection attracts more FDI in countries with small informal economies but not in countries with large informal econ...

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Main Authors: Lee, Minsoo, Alba, Joseph Dennis, Park, Donghyun
Other Authors: School of Social Sciences
Format: Article
Language:English
Published: 2020
Subjects:
Social sciences::Economic theory
Intellectual Property Rights
Foreign Direct Investment
Online Access:https://hdl.handle.net/10356/144928
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Institution: Nanyang Technological University
Language: English
id sg-ntu-dr.10356-144928
record_format dspace
spelling sg-ntu-dr.10356-1449282023-03-05T15:32:41Z Intellectual property rights, informal economy, and FDI into developing countries Lee, Minsoo Alba, Joseph Dennis Park, Donghyun School of Social Sciences Social sciences::Economic theory Intellectual Property Rights Foreign Direct Investment We explore the relationship between intellectual property rights (IPR), the informal economy, and foreign direct investment (FDI) into developing countries. Intuitively, stronger IPR protection attracts more FDI in countries with small informal economies but not in countries with large informal economies. The intuition is that the informal economy is a proxy for the quality of institutions. In institutionally strong countries, IPR protection promotes FDI by reducing illegal imitation and freeing up more resources for MNCs. Our empirical analysis, based on a threshold effect model, provides some evidence supportive of our model. Accepted version 2020-12-03T06:34:43Z 2020-12-03T06:34:43Z 2018 Journal Article Lee, M., Alba, J. D., & Park, D. (2018). Intellectual property rights, informal economy, and FDI into developing countries. Journal of Policy Modeling, 40(5), 1067-1081. doi:10.1016/j.jpolmod.2018.07.003 0161-8938 https://hdl.handle.net/10356/144928 10.1016/j.jpolmod.2018.07.003 5 40 1067 1081 en Journal of Policy Modeling © 2018 The Society for Policy Modeling. All rights reserved. This paper was published by Elsevier Inc. in Journal of Policy Modeling and is made available with permission of The Society for Policy Modeling. application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
language English
topic Social sciences::Economic theory
Intellectual Property Rights
Foreign Direct Investment
spellingShingle Social sciences::Economic theory
Intellectual Property Rights
Foreign Direct Investment
Lee, Minsoo
Alba, Joseph Dennis
Park, Donghyun
Intellectual property rights, informal economy, and FDI into developing countries
description We explore the relationship between intellectual property rights (IPR), the informal economy, and foreign direct investment (FDI) into developing countries. Intuitively, stronger IPR protection attracts more FDI in countries with small informal economies but not in countries with large informal economies. The intuition is that the informal economy is a proxy for the quality of institutions. In institutionally strong countries, IPR protection promotes FDI by reducing illegal imitation and freeing up more resources for MNCs. Our empirical analysis, based on a threshold effect model, provides some evidence supportive of our model.
author2 School of Social Sciences
author_facet School of Social Sciences
Lee, Minsoo
Alba, Joseph Dennis
Park, Donghyun
format Article
author Lee, Minsoo
Alba, Joseph Dennis
Park, Donghyun
author_sort Lee, Minsoo
title Intellectual property rights, informal economy, and FDI into developing countries
title_short Intellectual property rights, informal economy, and FDI into developing countries
title_full Intellectual property rights, informal economy, and FDI into developing countries
title_fullStr Intellectual property rights, informal economy, and FDI into developing countries
title_full_unstemmed Intellectual property rights, informal economy, and FDI into developing countries
title_sort intellectual property rights, informal economy, and fdi into developing countries
publishDate 2020
url https://hdl.handle.net/10356/144928
_version_ 1759855427694100480

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