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Does enforcement of intellectual property rights matter in China? : evidence from financing and investment choices in the high-tech industry

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Does Enforcement of Intellectual Property Rights Matter in China? Evidence from Financing and Investment Choices in the High Tech Industry

Ang, James S. - 2010

Financing of and investing in R&D are prone to risks of appropriation by competitors and the problem of information asymmetry. Although legal protection of intellectual property (IP) rights at the national level is necessary in encouraging financing of and investing in R&D, we show that the...

Persistent link: https://www.econbiz.de/10013146763