Intellectual Property Rights Protection and FDI: Some Correlational Evidence

  • Shoirahon Odilova Glorious Sun School of Business Management Donghua University, Shanghai, China.
  • Gu Xiaomin Glorious Sun School of Business Management Donghua University, Shanghai, China.
Keywords: FDI, IPR, IPR protection, Economic Growth.

Abstract

In this study, we contribute to the existing literature on the FDI by exploring the effect of intellectual property rights (IPR) protection on economic growth. Using data for 120 countries for the period of 2010-2015 we find that IPR index is non-linearly associated with the FDI. For example, in countries with low levels of IPR protection, increase in IPR is associated with more FDI. However, in countries with established IPR protection further strengthening of IPR discourages investment. This model explains nearly 17% of cross-country variations in FDI.

Downloads

Download data is not yet available.

Author Biographies

Shoirahon Odilova, Glorious Sun School of Business Management Donghua University, Shanghai, China.
Department of Business and Administration, PhD Candidate
Gu Xiaomin, Glorious Sun School of Business Management Donghua University, Shanghai, China.
Department of Business and Administration, Professor

References

Alfaro, L., Kalemli‐Ozcan, S., & Sayek, S. (2009). FDI, productivity and financial development. The

World Economy, 32(1), 111-135.

Barro, R. J. (1996). Determinants of economic growth: a cross-country empirical study (No. w5698).

National Bureau of Economic Research.

Borensztein, E., De Gregorio, J., & Lee, J. W. (1998). How does foreign direct investment affect economic

growth?. Journal of international Economics, 45(1), 115-135.

Braunerhjelm, P. (2011). Entrepreneurship, innovation and economic growth: interdependencies,

irregularities and regularities. Handbook of Research on Innovation and Entrepreneurship, Cheltenham,

Elgar, 161-213.

Chowdhury, A., & Mavrotas, G. (2006). FDI and growth: What causes what?. The World Economy, 29(1),

-19.

Dritsakis, N., Varelas, E., & Adamopoulos, A. (2006). The main determinants of economic growth: An

empirical investigation with Granger causality analysis for Greece. European Research Studies

Journal, 9(3-4), 47-58.

Jyun-Yi, W., & Chih-Chiang, H. (2008). Does foreign direct investment promote economic growth?

Evidence from a threshold regression analysis. Economics Bulletin, 15(12), 1-10.

Ledyaeva, S., & Linden, M. (2008). Determinants of economic growth: empirical evidence from Russian

regions. The European Journal of Comparative Economics, 5(1), 87.

Odilova, Sh., & Gu X. (2016). Patent protection, intelligence and economic growth: a cross-country

empirical investigation. Journal of Research in Business, Economics and Management, 6(1), 798-803.

Przeworski, A. (2004). Democracy and economic development. Mansfield & R. Sisson (Eds.), The

evolution of political knowledge. Democracy, autonomy, and conflict in comparative and international

politics, 300-324.

Tahir, M., & Dk, N. (2013). The relationship between trade and income: the case of developed

countries. International Research Journal of Finance and Economics, (111).

Tolo, W. B. J. (2011). The Determinants of economic growth in the Philippines: a new look. IMF Working

Papers, 1-24.

Valeriani, E., & Peluso, S. (2011). The impact of institutional quality on economic growth and

development: An empirical study. Journal of Knowledge Management, Economics and Information

Technology, 1(6), 1-25.

Published
2016-12-24
How to Cite
Odilova, S., & Xiaomin, G. (2016). Intellectual Property Rights Protection and FDI: Some Correlational Evidence. Journal of Research in Business, Economics and Management, 7(4), 1217-1221. Retrieved from http://scitecresearch.com/journals/index.php/jrbem/article/view/980
Issue
Vol 7 No 4: JRBEM
Section
Articles

TRANSFER OF COPYRIGHT

JRBEM is pleased to undertake the publication of your contribution to Journal of Research in Business Economics and Management.

The copyright to this article is transferred to JRBEM(including without limitation, the right to publish the work in whole or in part in any and all forms of media, now or hereafter known) effective if and when the article is accepted for publication thus granting JRBEM all rights for the work so that both parties may be protected from the consequences of unauthorized use.