We study the relation between patent concentration and tax-motivated income shifting. Using affiliate-level data for … European multinational corporations (MNCs) and employing the relative share of patents held by an MNC as a measure for patent … concentration, we predict and find that tax-motivated income shifting is increasing in the degree of patent concentration. This …

larger parental pool of knowledge raises the probability of offshoring. This holds in a national as well as an international …

patent and seeks to protect itself against competition which feasibly emerges at expiration of patent protection. Formal … `low cost' country at patent expiration Pareto dominate every other feasible strategy, as such, is first-best strategy. In … light of stated finding, access to lower costs of production is not a sufficient condition for optimality of offshoring …