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on Intellectual Property Rights |
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Issue of 2018‒10‒29
four papers chosen by Giovanni Ramello Università degli Studi del Piemonte Orientale “Amedeo Avogadro” |
| By: | Juranek, Steffen; Schindler, Dirk; Schneider, Andrea |
| Abstract: | The increasing use of intellectual property as a means to shift profits to low-tax jurisdictions or jurisdictions with so-called `patent boxes' is a major challenge for the corporate tax base of medium- and high-tax countries. Extending a standard tax competition model for capital-enhancing technology, royalty payments, and profit shifting, this paper suggests a simple fix: It is always optimal to set a withholding tax on (intra-firm) royalty payments equal to the corporate tax rate and deny any deductibility of royalties. As the tax applies to the full payment, the problem of identifying the arm's-length component in a digital economy (OECD BEPS Action 1) does not apply. Most importantly, the denial of royalty deductions is the Pareto-efficient solution under coordination and the unilaterally optimal policy under competition for mobile capital. In the latter case, a weakened thin capitalization rule is a crucial part of the policy package in order to avoid negative investment effects. Our results question the ban of royalty taxes in double tax treaties and the EU Interest and Royalty Directive. |
| Keywords: | source tax on royalties,tax competition,multinationals,profit shifting |
| JEL: | H25 F23 |
| Date: | 2018 |
| URL: | http://d.repec.org/n?u=RePEc:zbw:vfsc18:181568&r=ipr |
| By: | Clancy, Matthew S. |
| Keywords: | Productivity Analysis and Emerging Technologies, Industrial Org./Supply Chain Management, Food and Agricultural Policy Analysis |
| Date: | 2018–06–20 |
| URL: | http://d.repec.org/n?u=RePEc:ags:aaea18:274377&r=ipr |
| By: | Georg von Graevenitz (Queen Mary, University of London); Antanina Garanasvili (Bournemouth University) |
| Abstract: | The European Patent System consists of national patent offices (NPOs) and the supranational European Patent Office (EPO). EPO and the NPOs have granted patents in Europe side-by-side since 1980. The resulting patent system is complicated and less coordinated than might be expected. Firms must consider a number of variables when selecting the route of patenting they take within this system: price, rigour of examination, duration of examination, quality of legal redress. To date there is little descriptive evidence on how firms choose between EPO and national offices. This paper provides a rich descriptive analysis of patenting in Europe. We analyze how origin, size and technological focus of companies, affect how they choose among patent offices within the EPS and report differences in examination durations and grant rates across patent offices. |
| Keywords: | Patents, European Patent System, Validation, Patent Propensity |
| JEL: | O34 O31 L20 K11 |
| Date: | 2018–10 |
| URL: | http://d.repec.org/n?u=RePEc:cgs:wpaper:94&r=ipr |
| By: | M.L.SAWIKA UNAHANANDH (Chulalongkorn Business School); TEERAYOUT WATTANASUPACHOKE (Chulalongkorn Business School); PIMMANEE RATTANAWICHA (Chulalongkorn Business School); PURIPANT RUCHIKACHORN (Chulalongkorn Business School) |
| Abstract: | This research studied brand logo features by comparing between fast moving consumer products and durable products. The representatives of both product groups consisted of cosmetic and furniture businesses respectively. This study focused on three important components of brand logos, which are pictures, colors and font characters. Data for logo picture studied was collected from 400 samples using judgmental sampling technique and questionnaire survey. Data analysis from previous research and literatures were employed for logo color and font. According to the results for the cosmetic products, the chosen suitable picture was related mainly to emotional benefits. The selected logo color was pertinent to feminine, luxury, mystery and loyalty. The font characters in this respect were connected well to attractiveness, happiness and feminine. Regarding the furniture products, the suitable picture was related mainly to functional benefits. The selected logo color was pertinent to stability, reliability, trustworthy, dependability and durability. The font characters in this respect were connected well to stability, rigidity and conformist. |
| Keywords: | Brand Logos, Fast Moving Consumer Products, Durable Products, Pictures, Color, Font Characters |
| JEL: | M31 M37 M39 |
| Date: | 2018–07 |
| URL: | http://d.repec.org/n?u=RePEc:sek:iacpro:6509698&r=ipr |