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We examine the implication of direct and indirect foreign competition on domestic innovation decision. In most of the … innovation by the home firm will be discouraged at high tariffs under the threat of DFI. Again at low tariff rates exports by the … foreign firm make market competition more intense and reduce the incentive for innovation. Hence the home firm always (never …
Persistent link: https://www.econbiz.de/10009350220
This chapter surveys the literature on international trade and the protection of intellectual property rights (IPRs) in the global economy. The discussion is organized around the major questions in the field. How does openness to trade affect national incentives for patent protection? What is...
Persistent link: https://www.econbiz.de/10014023447
We develop a mixed oligopoly model with one public firm and two private firms to explore the licensing strategy considered by the innovated private firm. The major findings of our paper are that: firstly, if the patentee licenses the public firm under some plausible parametric range, the public...
Persistent link: https://www.econbiz.de/10010753275
The article summarises the main lessons of the Bank’s 2010 conference which focused on international trade and foreign direct investment. The research is based on a microeconomic approach to the behaviour of Belgian firms, with reference to developments in the scientific literature on the...
Persistent link: https://www.econbiz.de/10009357662
Cultural allegiances whether inherited, imposed or chosen, affect economic activity. Many of these cultural layers – ethnic background, religion, language, ideological orientation, and artistic interests – spill over national boundaries. Cultural ideas travel the world along many routes from...
Persistent link: https://www.econbiz.de/10014023796
In this paper we closely examine the implications of comparative advantage for foreign direct investment (FDI) incentives. Particularly, we find that the host country¡¯s comparative advantage sector is more attractive to inward FDI than its comparative disadvantage sector. This finding is...
Persistent link: https://www.econbiz.de/10009144544
. Second, as a result, policy competition does not change regional welfare. Lastly, the equilibrium policy could be either a …
Persistent link: https://www.econbiz.de/10010782000
, affects inward FDI and domestic welfare. Whether good governance in the domestic country attracts FDI depends on the way it … affects the marketing and distribution costs. The effect of good governance is ambiguous on domestic welfare and depends on …
Persistent link: https://www.econbiz.de/10010664315
welfare estimates that treat all firms within an industry as homogeneous with more recent CGE analyses that allow firms …
Persistent link: https://www.econbiz.de/10011764996
When the Asia Pacific Economic Cooperation (APEC) formally adopted the principle of “open regionalism” (OR) in its trade liberalization in 1991, many were optimistic that this approach suggested the bloc as a stepping stone toward global free trade. This optimistic view was reinforced by the...
Persistent link: https://www.econbiz.de/10010991738