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This paper investigates the role of patent protection in the global investment decisions of multinational firms. Using … comprehensive firm-level panel data of German multinationals, we investigate how changes in a host country’s patent protection … influence the extensive and intensive margin of foreign direct investment (FDI) decisions. We isolate the effect of patent …
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The multiple features of intellectual property rights and industrial competition are explored through the analytically rigorous lens of the frontier of the economics literature. The book covers a broad range of issues ranging from industrial espionage to collective property rights in cultural...
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