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Foreign Direct Investment and Intellectual Property Rights: International Intangible Assets in Spain over the Long Term

Published online by Cambridge University Press:  26 April 2017

PATRICIO SÁIZ
Affiliation:
Patricio Sáiz is Associate Professor of Economic and Business History at the Universidad Autónoma de Madrid, where he conducts research on patent and trademark management in backward economies, especially in Spain and Latin America. Since 1999, he has been the lead of a research agreement between the university and the Spanish Patent and Trademark Office. Recent publications include Cliometrica, Business History Review, Historical Social Research, and in Routledge International Studies of Business History. See www.ibcnetwork.org/patricio_saiz for further information. Departamento de Análisis Económico, Teoría Económica e Historia Económica, Universidad Autónoma de Madrid (UAM), C/ Francisco Tomas y Valiente 5, 28049, Madrid, Spain. E-mail: patricio.saiz@uam.es
RAFAEL CASTRO
Affiliation:
Rafael Castro completed his doctoral training at the Universidad Complutense de Madrid and Paris3-Sorbonne-Nouvelle. Recently he was appointed as Lecturer in Global and Spanish Economic History at the University Autónoma de Madrid. His research includes extensive work on business history, foreign direct investments, international relations, political economy of the enterprise, and public economics. His publications include articles in Industrial and Corporate Change, Journal of Macromarketing, Enterprise & Society, and Business History Review. See www.ibcnetwork.org/rafael_castro and https://uam.academia.edu/rafaelcastrobalaguer.

Abstract

This article reflects on foreign direct investment (FDI) and intellectual property rights (IPRs) over the long term, and analyzes the case of Spain during the nineteenth and twentieth centuries. Although the interactions between IPRs and FDI have attracted significant research efforts in distinct economic and business areas, the results lack permanent answers. Our findings demonstrate that, from a macro-level perspective: (1) FDI and IPRs are effectively related over the long term; (2) weak IPR protection does not seem to have stopped FDI; and (3) the countries with major FDI in Spain were less worried about IPR management than were other countries with less FDI.

Type
Articles
Copyright
Copyright © The Author 2017. Published by Cambridge University Press on behalf of the Business History Conference. All rights reserved. 

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References

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Higgins, David M., and Tweedale, Geoffrey. “Asset or Liability? Trade Marks in the Sheffield Cutlery and Tool Trades.” Business History 37 (1995): 127. doi:10.1080/00076799500000088.Google Scholar
Kondo, Edson K. “The Effect of Patent Protection on Foreign Direct Investment.” Journal of World Trade 29, no. 6 (1995): 97112.CrossRefGoogle Scholar
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