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...
| Main Authors: | , , |
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| Other Authors: | |
| Format: | Journal Article |
| Language: | English |
| Published: |
2020
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| Online Access: | https://hdl.handle.net/10356/144928 |
| _version_ | 1811687464053506048 |
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| author | Lee, Minsoo Alba, Joseph Dennis Park, Donghyun |
| author2 | School of Social Sciences |
| author_facet | School of Social Sciences Lee, Minsoo Alba, Joseph Dennis Park, Donghyun |
| author_sort | Lee, Minsoo |
| collection | NTU |
| 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. |
| first_indexed | 2024-10-01T05:16:43Z |
| format | Journal Article |
| id | ntu-10356/144928 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T05:16:43Z |
| publishDate | 2020 |
| record_format | dspace |
| spelling | ntu-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 |
| 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 |
| title | 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_short | Intellectual property rights, informal economy, and FDI into developing countries |
| title_sort | intellectual property rights informal economy and fdi into developing countries |
| topic | Social sciences::Economic theory Intellectual Property Rights Foreign Direct Investment |
| url | https://hdl.handle.net/10356/144928 |
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