The Composition of Foreign Direct Investment and Protection of Intellectual Property Rights : Evidence from Transition Economies

Smarzynska, Beata K.

World Bank, Washington, DC

关键词: ALLIANCES;    CAPITAL INFLOWS;    COAL;    CODES;    COMPETITIVENESS;   

DOI  :  10.1596/1813-9450-2786
RP-ID  :  WPS2786

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

While existing literature has examinedthe impact of intellectual property protection on the volumeof foreign direct investment (FDI), little is known aboutits effect on the composition of FDI inflows. The authoraddresses this question empirically, using a uniquefirm-level data set from Eastern Europe and the formerSoviet Union. She finds that weak protection deters foreigninvestors in technology-intensive sectors that rely heavilyon intellectual property rights. The results also indicatethat a weak intellectual property regime encouragesinvestors to undertake projects focusing on distributionrather than local production. The latter effect is presentin all sectors, not just those relying heavily onintellectual property protection.