Intellectual Property Rights, Imitation, and Foreign Direct Investment: Theory and Evidence
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NBER Working Paper No. 13033
---- Acknowledgments ----
The statistical analysis of firm-level data on U.S. multinational enterprises was conducted at the International Investment Division of the Bureau of Economic Analysis, U.S. Department of Commerce under arrangements that maintain legal confidentiality arrangements. The views expressed herein are those of the authors and do not reflect official positions of the U.S. Department of Commerce. We wish to thank Pol Antras, Nicholas Bloom, Paul David, Amy Glass, Gene Grossman, Elhanan Helpman, Fuat Sener, and seminar participants at Columbia University, Keio University, Stanford University, the University of Pittsburgh, and the NBER ITI and Productivity meetings for helpful comments. We are grateful to Yoshiaki Ogura and Sergei Koulayev for excellent research assistance and to the National Science Foundation (SES grant no. 0241781) for financial support. Any opinions, findings, and conclusions expressed in this paper are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.