Template-type: ReDIF-Paper 1.0 Author-Name: Kumar, Nagesh Author-Email: Author-Workplace-Name: United Nations University, Institute for New Technologies Title: Intellectual Property Protection, Market Orientation and Location of Overseas R&D Activities by Multinational Enterprises Abstract: This paper develops an analytical framework to explain the determinants of location of overseas R&D by MNEs in terms of the nature and extent of FDI and host country resources and policy regimes. Empirical findings for U.S. MNEs suggest that MNEs prefer to locate their R&D activities in countries that are able to offer them, among other particulars, larger markets, technological resources and infrastructure. Host market-oriented affiliates are more likely to have R&D units than the export-oriented ones, especially in developing countries. The relative strength of patent regime appears to affect the direction rather than the magnitude of R&D investments made in a country. Keywords: Intellectual Property Protection; R&D; Transnational Corporations Series: Discussion Paper Creation-Date: 1995 Number: 01 File-URL: http://www.intech.unu.edu/publications/discussion-papers/9501.pdf File-Format:application/pdf File-Size: 99.6 Kb Handle: RePEc:unm:unuint:199501