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 …

This paper examines the effect of foreign direct investment (FDI) on domestic innovation based on a data set covering … show that there is a negative horizontal spillover effect of FDI on domestic innovation when the intellectual property …'s accession to the World Trade Organization) (WTO) in 2001. We also show that there is a positive upstream spillover effect of FDI …

Small businesses in the United States are a major source of innovation and economic growth and employ more scientists … and engineers than either large businesses or universities. In spite of these facts, recent reform in the patent system … supporting small business; the changes to the patent system under the Leahy-Smith America Invents Act have had unintended …