This paper illustrates the morphology of patent, licensing and royalty fees flow at global and regional levels. It addresses issues within the dynamics of international flows of fees for intellectual property rights (IPRs) and associated services, with respect to the organisational and operational behaviour of Multinational Enterprises (MNEs). The major challenges of these issues concern how developing countries can exploit the patterns of international flows of intellectual property that are represented by fees. The nature of fees flow, and issues within the structure and dynamics of firms’’ international engagement and associated technology flows, are examined through a lens that focuses on international business in relation to industrialisation. Examination of the dynamics of international flows of fees indicates extreme asymmetries in the structure of flows between industrialised and developing countries with flows occurring predominantly within the organisational boundaries of MNEs.
|Keywords:||Intellectual Property Rights (IPRs) Multinational Enterprises (MNEs), Patent, License and Royalty (PLR) Fees, Developing Countries, Developed Countries, Trade-Related Aspects of Intellectual Property Rights (TRIPs)|
Assistant Professor of Economics, Business and Economics Division, American University of Kuwait, Kuwait
Unit Chief, United Nations Industrial Development Organisation, United Nations Industrial Development Organisation (UNIDO), Vienna, Austria
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