IPRs' influence on FDI inflows & FDI outflows in EU

Globalization has let into the materialization of the called new/digital economy which embraces in a great degree IPRs. To that extent, in a knowledge-driven economy, the successful protection of IPR is emerging as a central ingredient of commercial success. Intellectual Property Rights (IPRs) are the intangible capital forming FDI that has considerably changed the landscape of the global economy. Thus, IPRs protection is a vital means in attracting FDI inflows contributing to the growth of a country. Which is the role of IPRs in attracting FDI? The current work via a quantitative analysis of IPRs laws of 79 countries and the 28 countries of the EU followed by an econometric analysis provides an answer. The present work is useful to Lawyers, Economists, Researchers and College Students.