International Technology Licensing, Intellectual Property Rights, and Tax Havens
利用50个国家1996-2012年的数据，研究国际技术许可的决定因素，发现知识产权保护不完善和公司税差异是重要影响因素，并量化了全球税改对技术许可和创新的影响。
Abstract This article investigates the determinants of international technology licensing using data for 50 countries during 1996–2012. A multicountry model of innovation yields a dynamic structural gravity equation for royalty payments as a function of fundamentals, including imperfect intellectual property protection and differences in corporate taxation. The gravity equation is estimated with nonlinear methods. My model’s fundamentals account for about 60% of the variation in royalty payments. A quantitative analysis sheds light on the impact of global taxation reforms on international technology licensing and innovation. The findings highlight the role of taxation in shaping cross-border technology flows and the consequences of profit-shifting.