01711cas a2200241 a 4500 AALejournalIMF009366 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451867251 1018-5941 BD-DhAAL BD-DhAAL Watt, Stanley. Firm Heterogeneity and Weak Intellectual Property Rights / Stanley Watt. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (40 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students In weak intellectual property rights (IPR) environments, the imitation of proprietary technology by domestic firms has become a deterrent for foreign investment. Different multinationals may view this deterrent differently. This paper develops a model where firms with more technology are less likely to invest in weak IPR environments. If imitation is costly, the model predicts that multinationals with the lowest level and highest level of technology will invest in weak IPR environments, and multinationals with a moderate level of technology will invest only in strong IPR environments. Empirical analysis with firm level data is consistent with this non-monotonicity result. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2007/161 Full text available on IMF http://elibrary.imf.org/view/journals/001/2007/161/001.2007.issue-161-en.xml IMF e-Library