主题1:Entry,Reputation,and Intellectual Property Rights Enforcement
主题2:Multiproduct Firms and Scope Adjustment in Globalization
时间:6月26日(周三)13:30-15:00
地点:思源楼326室
主讲人:Prof.Wen Zhou (周文), Hong Kong University
主持人:姚志勇 副教授
主讲人简介:Prof. Zhou’s research interest focuses on Industrial Organization. He has publications in Rand Journal of Economics, Journal of International Economics, Journal of Industrial Economics, International Journal of Industrial Economics, etc.
论文摘要1:We examine how reputation concerns induce a multinational to partly withhold its entry into a developing country under weak intellectual property rights (IPR) enforcement. Equilibrium IPR violations are shown to arise only in the presence of such concerns. Holding constant a multinational’s incentive to innovate, better IPR enforcement encourages entry, but reduces social welfare. The multinational’s incentive to innovate may be inversely U-shaped in the strength of IPR enforcement. If timed properly, however, stronger IPR enforcement can foster innovation without compromising social welfare.
论文摘要2:A model of heterogeneous firms with variety-specific fixed costs is developed and analyzed to study how multiproduct firms respond to globalization. In contrast with most existing models, the analysis demonstrates that more-productive firms may expand their product scope, which in turn may push up their average costs. A necessary and sufficient condition for scope expansion is that the fixed cost of introducing more varieties increases rapidly with the product scope. With increasing globalization, the percentage of scope-expanding firms diminishes and eventually becomes zero.
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