TY  - JOUR
AU  - Branstetter,Lee
AU  - Fisman,Raymond
AU  - Foley,C. Fritz
TI  - Do Stronger Intellectual Property Rights Increase International Technology Transfer? Empirical Evidence from U.S. Firm-Level Data
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 11516
PY  - 2005
Y2  - August 2005
UR  - http://www.nber.org/papers/w11516
L1  - http://www.nber.org/papers/w11516.pdf
N1  - Author contact info:
Lee G. Branstetter
Heinz College
School of Public Policy and Management
Department of Social and Decision Sciences
Carnegie Mellon University
Pittsburgh, PA  15213
Tel: 412/268-4649
E-Mail: branstet@andrew.cmu.edu

Raymond Fisman
School of Business
Columbia University
622 Uris Hall
3022 Broadway
New York, NY 10027
Tel: 212/854-9157
Fax: 212-316-9219
E-Mail: rf250@columbia.edu

C. Fritz Foley
Graduate School of Business Administration
Harvard University
Soldiers Field
Boston, MA 02163
Tel: 617/495-6375
Fax: 617/496-8443
E-Mail: ffoley@hbs.edu
M2  - featured in NBER digest on 2005-09-01
AB  - This paper examines how technology transfer within U.S. multinational firms changes in response to a series of IPR reforms undertaken by 16 countries over the 1982-1999 period.  Analysis of detailed firm-level data reveals that royalty payments for technology transferred to affiliates increase at the time of reforms, as do affiliate R&D expenditures and total levels of foreign patent applications.  Increases in royalty payments and R&D expenditures are concentrated among affiliates of parent companies that use U.S. patents extensively prior to reform and are therefore expected to value IPR reform most.  For this set of affiliates, increases in royalty payments exceed 30 percent.  Our results collectively imply that U.S. multinationals respond to changes in IPR regimes abroad by significantly increasing technology transfer to reforming countries.
ER  -