The role of intellectual property rights in attracting foreign direct investment to ASEAN countries : do differences in intellectual property right enforcement across ASEAN countries have a significant impact on foreign direct investment?
SONAR|HES-SO
- Berg, Natalia
- Delaloye, Ludivine (Degree supervisor)
- Genève : Haute école de gestion de Genève
73 p.
Bachelor of Science HES-SO in International Business Management: Haute école de gestion de Genève, 2024
English
This Bachelor Project investigates the impact of Intellectual Property Rights protection on Foreign Direct Investment in the ASEAN region, specifically focusing on Singapore and the Philippines. The objective is to understand how different Intellectual Property Rights frameworks can affect Foreign Direct Investment decisions and to provide insight for fostering economic growth and innovation.
An analysis of the Intellectual Property Rights policies and their enforcement in both countries has been conducted. Selecting those countries enabled to compare the impact of Intellectual Property Rights on Foreign Direct Investment in two different economies, one that is already established in the sector versus an evolving system.
Singapore has a well-established Intellectual Property Rights system, enhanced by the Singapore Intellectual Property Strategy (SIPS) 2030. The country consistently ranks high in the International IP Index, particularly in patents protection. A positive correlation was found between the Overall IP Score and the amount of Foreign Direct Investment, indicating that improvements in Intellectual Property protection attracts Foreign Direct Investment. However, due to the already high and stable Intellectual Property scores in the country, further improvements have limited impact to attract additional investments.
The Philippines also has done a lot towards a better Intellectual Property Rights protection, as it developed its National Intellectual Property Strategy (NIPS) 2020-2025. The main challenge in the country is the counterfeiting and digital piracy. All individual International Intellectual Property Indexes also have a positive trend, which means that Intellectual Property Rights protection in the country is evolving. Foreign Direct Investments also directly correlate with copyrights and enforcement scores showing the relevance of these two indicators.
The argument is that stronger Intellectual Property Rights systems ultimately helps to increase Foreign Direct Investment. The example of Singapore shows that sustainable economic systems increase investors’ confidence, while the Philippines shows that the development of Intellectual Property system directly influences Foreign Direct Investment level. Therefore, it is relevant to state that ASEAN countries need to strengthen Intellectual Property Rights systems to inspire investors and support economic growth.
An analysis of the Intellectual Property Rights policies and their enforcement in both countries has been conducted. Selecting those countries enabled to compare the impact of Intellectual Property Rights on Foreign Direct Investment in two different economies, one that is already established in the sector versus an evolving system.
Singapore has a well-established Intellectual Property Rights system, enhanced by the Singapore Intellectual Property Strategy (SIPS) 2030. The country consistently ranks high in the International IP Index, particularly in patents protection. A positive correlation was found between the Overall IP Score and the amount of Foreign Direct Investment, indicating that improvements in Intellectual Property protection attracts Foreign Direct Investment. However, due to the already high and stable Intellectual Property scores in the country, further improvements have limited impact to attract additional investments.
The Philippines also has done a lot towards a better Intellectual Property Rights protection, as it developed its National Intellectual Property Strategy (NIPS) 2020-2025. The main challenge in the country is the counterfeiting and digital piracy. All individual International Intellectual Property Indexes also have a positive trend, which means that Intellectual Property Rights protection in the country is evolving. Foreign Direct Investments also directly correlate with copyrights and enforcement scores showing the relevance of these two indicators.
The argument is that stronger Intellectual Property Rights systems ultimately helps to increase Foreign Direct Investment. The example of Singapore shows that sustainable economic systems increase investors’ confidence, while the Philippines shows that the development of Intellectual Property system directly influences Foreign Direct Investment level. Therefore, it is relevant to state that ASEAN countries need to strengthen Intellectual Property Rights systems to inspire investors and support economic growth.
- Language
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- English
- Classification
- Economics
- Notes
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- Haute école de gestion Genève
- International Business Management
- hesso:hegge
- Persistent URL
- https://folia.unifr.ch/global/documents/330883
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