Research On The Effect Of IPR Protection On Export And OFDI

Our country faces a serious economic condition that the export pressure is increasing,the foreign direct investment is outflowing and the consumption growth is weak.This poses great pressure to China's economic growth.In this context,the economic transformation and upgrading is imperative.Based on the point that the incentive of IPR protection to innovation,we make an analysis of the influence mechanism of IPR protection on export upgrading and outward foreign direct investment.This paper do the work as following:(1)This paper provides a testable framework to explain the impact of IPR protection on export quality.Research and development(R&D)spending and foreign direct investment(FDI)are positively correlated with a country's export quality.Furthermore,intellectual property protection can induce more FDI and R&D spending.Therefore,we expect that there may be an indirect relationship between intellectual property protection and export quality.The empirical results suggest that the influence paths of IPR protection on export quality are different between developed and developing countries.FDI plays a mediating role in the relationship between IPR protection and export quality in developing countries,while this mediating effect in developed countries is dependent on R&D and FDI.In addition,this impact is statistically significant in high technology industries.Especially,IPR protection plays an extraordinary important role in enhancing the export quality of differentiated high-technology products.(2)IPR protection can lead to more FDI,R&D spending and imports.FDI not only provides capital for the host countriy,but also brings about technology and management experience.Import is another way of technology diffusion.R&D activities can effectively improve a nation's innovation ability and technology accumulation.Technology will help a country develop its products as well as its export sophistication.Throughout our paper,we will examine the mediating role of R&D and technology transfers.The empirical results show that in developing countries,foreign direct investment(FDI)and import play a mediating role in the relationship between IPR protection and export sophistication;while for developed countries,the corresponding mediating effects rely on research and development(R&D)and FDI.In addition,when making a more accurate classification of developing countries' imports and inward FDI origin,we find that the mediating effect depends on South-South imports and North-South FDI.(3)This paper comprehensively studies how IPR protection affects OFDI.We augment the Investment Development Path(IDP)with explanations derived from domestic IPR protection and some macroeconomic factors.The empirical results suggest that there are different influence mechanisms in developed and developing countries.In developing countries,FDI plays a mediating role in the relationship between IPR protection and OFDI.While the mediating effect in developed countries relies on R&D.In addition,when making a finer disaggregation on developing countries' inward foreign direct investment(FDI)origin,we find that the impact of IPR on OFDI relying on South-South FDI is positive but negative depending on North-South FDI.(4)This paper comprehensively studies how IPR protection affects competitiveness.IPR protection has positive moderating effect on the relationship between migrants and competitiveness.And this impact decreases with the extent to which the technology of the home country approaches the technology frontier.When focusing on the female migrants,we find that this impact exists and shows a U-relationship over the course of economic development.