This paper investigates the role of patent protection in the global investment decisions of multinational firms. Using … comprehensive firm-level panel data of German multinationals, we investigate how changes in a host country’s patent protection … influence the extensive and intensive margin of foreign direct investment (FDI) decisions. We isolate the effect of patent …

, MNE affiliates account for around 20% of total business R&D in France, Germany and Italy; between 30% and 50% in Canada …

Theoretical models of growth reveal that either exogenous or endogenous, technology is the main driving force behind … the long-run economic growth. Furthermore, in the endogenous growth framework, diffusion of technology is the basic … of foreign direct investment (FDI), considering that the latter is an international technology diffusion channel …

), technology-seeking (TS), and/or market-seeking (MS) - do the MNE employ? and (3) What are the typical patterns in pursuing … EPO Worldwide Patent Statistical Database PATSTAT. Based on the final dataset, covering about 1,700 world’s top corporate … R&D investors and their patenting activity, we find that about one-fifth focus their patent-relevant R&D activity in …