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Intellectual Property Rights (IPR) protect firms from imitation and are considered crucial to promote innovation and technological diffusion. This paper examines the impact of IPR on import sourcing decisions of multinationals. We consider a framework in which firms offshore production of an...
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The institution and enforcement of property rights and contracts have been an important policy issue for the developing countries, the transition economies, and the developed countries in the 1990s. This has led to the development of a literature on technology transfer and how property rights...
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The paper gives various indications of market and technology diversification as well as of global market and technology convergence (rather than specialization) in the context of managerial, legal and economic convergence. The results show that different countries focus on a wider but...
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