全球智库信息集成服务系统(G2TT): DP14256 Intellectual Property and the Organization of the Global Value Chain

G2TT

来源类型	Discussion paper
规范类型	论文
来源ID	DP14256
	DP14256 Intellectual Property and the Organization of the Global Value Chain
	Stefano Bolatto; Alireza Naghavi; Gianmarco Ottaviano; Katja Zajc Kejžar
发表日期	2019-12-28
出版年	2019
语种	英语
摘要	This paper introduces the concept of intangible assets in a property rights model of sequential supply chains. Firms transmit knowledge to their suppliers to facilitate input customization. Yet, to avoid knowledge dissipation, they must protect the transmitted intangibles, the cost of which depends on the knowledge intensity of inputs and the quality of institutions protecting intellectual property rights (IPR) in supplier locations. When input knowledge intensity increases (decreases) downstream and suppliers' investments are complements, the probability of integrating a randomly selected input is decreasing (increasing) in IPR quality and increasing (decreasing) in the relative knowledge intensity of downstream inputs. Opposite but weaker predictions hold when suppliers' investments are substitutes. Comprehensive trade and FDI data on Slovenian firms' value chains provide evidence in support of our model's predictions. They also suggest that, in line with our model, better institutions may have very different effects on firm organization depending on whether they improve the protection of tangible or intangible assets.
主题	International Trade and Regional Economics
关键词	Sequential production Intellectual property Intangible assets Appropriability Stage complementarity Upstreamness Firm organization Outsourcing Vertical integration
URL	https://cepr.org/publications/dp14256
来源智库	Centre for Economic Policy Research (United Kingdom)
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/543143
推荐引用方式 GB/T 7714	Stefano Bolatto,Alireza Naghavi,Gianmarco Ottaviano,et al. DP14256 Intellectual Property and the Organization of the Global Value Chain. 2019.