| 来源类型 | FEEM working papers "Note di lavoro" series
|
| 规范类型 | 论文
|
| Intellectual Property Rights, Product Complexity, and the Organization of Multinational Firms |
| Alireza Naghavi; Julia Spies; Farid Toubal
|
| 发表日期 | 2011
|
| 出处 | Economy and Society
|
| 出版年 | 2011
|
| 语种 | 英语
|
| 摘要 | In this paper, we propose the technological complexity of a product and the level of Intellectual Property Rights (IPRs) protection to be the co-determinants of the mode through which multinational firms purchase their goods. We study the choice between intra-firm trade and outsourcing given heterogeneity at the product- (complexity), firm- (productivity) and country- (IPRs) level. Our findings suggest that the above three dimensions of heterogeneity are crucial for complex goods, where firms face a trade-off between higher marginal costs in the case of trade with an affiliate and higher imitation risks in the case of sourcing from an independent supplier. We test these predictions by combining data from a French firm-level survey on the mode choice for each transaction with a newly developed complexity measure at the product-level. Our fractional logit estimations confirm the proposition that although firms are generally reluctant to source highly complex goods from outside the firm’s boundaries, they do so when a strong IPR regime in the host country guarantees the protection of their technology. |
| 特色分类 | F12;F23;O34
|
| 关键词 | Sourcing Decision
Product Complexity
Intellectual Property Rights
Fractional Logit Estimation
|
| URL | https://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/intellectual-property-rights-product-complexity-and-the-organization-of-multinational-firms/
|
| 来源智库 | Fondazione Eni Enrico Mattei (Italy)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/117927
|
推荐引用方式
GB/T 7714 |
Alireza Naghavi,Julia Spies,Farid Toubal. Intellectual Property Rights, Product Complexity, and the Organization of Multinational Firms. 2011.
|
|
文件名：
|
20111181420271Nota_di_Lavoro.jpg
|
|
格式：
|
JPEG
|
|
文件名：
|
2013481513224NDL2011-078.pdf
|
|
格式：
|
Adobe PDF
|
此文件暂不支持浏览
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
