Global S&T Development Trend Analysis Platform of Resources and Environment
Foreign Direct Investment Spillovers and Pharmaceutical Innovation: The Role of Intellectual Property Rights | |
[unavailable] | |
2017-08-24 | |
出版年 | 2017 |
语种 | 英语 |
国家 | 国际 |
领域 | 气候变化 |
英文摘要 |
![]() Stronger intellectual property rights in the People’s Republic of China encourage foreign direct investment and lead to greater pharmaceutical innovation. We examine the effect of foreign direct investment (FDI) on domestic innovation based on a data set covering the pharmaceutical industries across 29 provinces in the People’s Republic of China (PRC) from 1998 to 2007. We show that there is a negative horizontal spillover effect of FDI on domestic innovation when the intellectual property rights (IPR) regime is weak. This spillover effect became more positive when the IPR regime strengthened after the PRC’s accession to the World Trade Organization) in 2001. We also show that there is a positive upstream spillover effect of FDI on domestic suppliers of pharmaceutical intermediates. Taken together, our findings provide important policy implications on why developing countries should encourage FDI and strengthen the IPR regime together to enhance domestic innovation for promoting productivity and economic growth. WORKING PAPER 775 |
URL | 查看原文 |
来源平台 | Asian Development Bank |
文献类型 | 科技报告 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/234216 |
专题 | 气候变化 |
推荐引用方式 GB/T 7714 | [unavailable]. Foreign Direct Investment Spillovers and Pharmaceutical Innovation: The Role of Intellectual Property Rights,2017. |
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文件名称/大小 | 文献类型 | 版本类型 | 开放类型 | 使用许可 | ||
adbi-wp775.pdf(1553KB) | 科技报告 | 开放获取 | CC BY-NC-SA | 浏览 下载 |
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