nep-knm New Economics Papers
on Knowledge Management and Knowledge Economy
Issue of 2021‒11‒01
two papers chosen by
Laura Ştefănescu
Centrul European de Studii Manageriale în Administrarea Afacerilor

  1. 지식재산권의 국제 논의 동향과 영향에 관한 연구 (The Impact of Intellectual Property Protection Through FTA on International Trade) By Kim, Hyunsoo; Yea, Sangjun; Keum, Hyeyoon; Kang, Minji
  2. Skill-biased acquisitions? Human capital and target employee mobility in small technology firms By Xiao, Jing; Lindholm Dahlstrand, Åsa

    Abstract: 본 연구는 국제기구와 지역무역협정에서의 지식재산권 보호 논의 동향을 파악하고 지역무역협정을 통한 지식재산권 보호의 강화가 무역에 미치는 영향을 분석함으로써 향후 기체결 FTA 개선과 새로운 FTA 추진 전략 수립에 유용한 기초 자료와 시사점을 제공하고자 한다. This study investigates changes in the trend regarding the IP protection level in RTA and how the IP protection through RTAs has affected the composition of aggregate trade flows of member countries in order to provide basic findings necessary to formulate the FTA policies regarding the protection of intellectual property (IP) in Korea. This study first quantifies the depth of IP protection in RTAs based on more than 300 RTAs all over the world, showing that recent RTAs contain more comprehensive and strong IP protection provisions. We find that only 6 out of 71 RTAs had a high level of IP protection before 2000, while 45 out of 105 RTAs have a high level of IP protection after 2010. Second, we find that establishing such RTAs with high level of IP protection has positive effects on trade. In particular, exports in IP-intensive industries have increased in member countries of RTAs with high level of IP protection compared to other countries. However, the impact that strengthening IP protection through RTA has on imports is complex; it is negative in IP-intensive industries but positive in other industries. In order to rationalize these findings, we develop a two country and multi sector model featuring North firms deciding between exports and FDI, while South firms decide between imitation and R&D. In the model the increased IP protection affects South firm’s R&D incentives and relative wages, followed by changes in North firm’s FDI incentives. These strategic interactions between North and South firms vary depending on IP intensity of the industry, partly explaining the empirical findings. (the rest omitted)
    Keywords: IP; FTA; RTA; intellectual property protection; trade;
    Date: 2020–12–30
  2. By: Xiao, Jing (CIRCLE, Lund University); Lindholm Dahlstrand, Åsa (CIRCLE, Lund University)
    Abstract: The purpose of this study is to investigate the relationship between acquisitions and mobility of knowledge workers and managers in small technology companies and how individual skills and capabilities moderate the relationship. Relying on the matched employer-employee data of the Swedish high-tech sectors from 2007 to 2015, we find that acquisitions increase the likelihood of employee departures, mainly in the form of switching to another employer, but that these acquisition effects are weaker for employees with technological competences. Moreover, we also find that managers, compared to other employees, are more likely to exit from the (national) labor market after acquisitions. Our results show that acquiring firms tend to gain access to and retain knowledge workers with engineering background.
    Keywords: Acquisitions; Target employee mobility; High-tech sectors; Knowledge workers; Technological capabilities; Managerial capabilities
    JEL: C23 G34 J63 L26
    Date: 2021–10–22

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