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Intellectual property protection, direct investment and technology transfer: Germany, Japan and the USA

机译:知识产权保护,直接投资和技术转让:德国,日本和美国

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摘要

In earlier papers, I found that the strength or weakness of a country's system of intellectual property protection seems to have a substantial effect, particularly in high-technology industries, on the kinds of technology transferred by many US firms to that country [1,2]. Also, this factor seems to influence the composition and extent of US direct investment there, although the size of the effects seems to differ from industry to industry. The present paper extends these results in two ways. First, the analysis is expanded to include Japanese and German firms, which, of course, are responsible for massive direct investment in developing countries. Second, an econometric model is constructed to estimate the effects of the strength or weakness of intellectual property protection in a developing country on the amount of US direct investment there. The findings indicate that, in relatively high-technology industries like chemicals, pharmaceuticals, machinery, and electrical equipment, a country's system of intellectual property protection often has a significant effect on the amount and kinds of technology transfer and direct investment to that country by Japanese and German, as well as US, firms. Also, when a variety of relevant factors are held constant in an econometric model, the effects of such protection on US foreign direct investment are substantial and statistically significant. [References: 25]
机译:在较早的论文中,我发现一个国家的知识产权保护体系的强弱似乎对许多美国公司向该国转让的技术种类具有重大影响,特别是在高科技产业中[1,2]。 ]。同样,尽管影响的大小似乎因行业而异,但该因素似乎影响了美国在那里的直接投资的构成和程度。本文以两种方式扩展了这些结果。首先,分析范围扩大到包括日本和德国公司,它们当然负责对发展中国家的大规模直接投资。其次,建立计量经济学模型,以评估发展中国家知识产权保护的强弱对美国在该国直接投资额的影响。研究结果表明,在化学,制药,机械和电气设备等相对高科技的行业中,一个国家的知识产权保护体系通常会对日本向该国转让技术和直接投资的数量和种类产生重大影响。以及德国和美国的公司。此外,当计量经济学模型中的各种相关因素保持不变时,这种保护措施对美国外国直接投资的影响是巨大的,而且在统计上也很重要。 [参考:25]

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