Using econometric results and models, Mansfield contributes toward the understanding of the dynamic aspects of an industry's composition and structure, especially the birth, growth, and death of firms. First, the paper constructs some simple models to estimate the effects that the capital...

This is one of the first empirical studies of the relationship between a developing country's system of intellectual property protection and the volume and composition of U.S. foreign direct investment in that country. Based on data obtained from almost one hundred U.S. firms regarding their...