![]() The existing theoretical literature provides no definitive judgment on whether enhanced Great interest among researchers and policymakers. ![]() Potential impact of stronger IPR on international trade and investment has been a subject of To harmonize international laws governing intellectual property rights (IPR). Intellectual Property Rights Agreement (TRIPS) in 1995 is a major milestone in global efforts The passage of the World Trade Organization’s (WTO) Agreement on Trade-Related Aspects of Keywords: export, FDI, GMM, intellectual property rights Their IPR protection, especially those with strong imitative ability, can attract more international The empirical results suggest that foreign countries that strengthen Using both static pooled regressions and a dynamic panel GMM estimator onĪ panel data of 53 countries, we examine whether stronger foreign IPR protection stimulates Investigates how foreign IPR protection affects how US firms jointly serve overseas markets throughĮxports and FDI. The linkages between IPR protection and multiple modes of international transactions. ![]() However, very few prior analyses jointly examined Protection, exports, and FDI independently. Several previous studies have examined the relationship between intellectual property rights (IPR) †Department of Economics, Cornell University, Ithaca, New York, USA ∗Department of Applied Economics and Statistics, University of Delaware, Newark, 2013 Board of Trustees of the Bulletin of Economic Research and John Wiley & Sons Ltdīulletin of Economic Research 67:3, 2015, 0307-3378
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