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Intellectual Property Rights, Non-Market Considerations and Foreign R and D Investments

This study focuses on how businesses can depend upon non-market elements, gain privileged handling from hosting governmental bodies, and safeguard the intellectual property in other states. This study interrogates different non-market elements; one is at the national level, while the other is at the corporate level, i.e., to influence where businesses focus their innovative efforts. It uses the qualitative method to analyse statutes, local and international laws, protocols, conventions, etc. The findings highlight the importance of intellectual property, which is the creation of the mind, innovation or innovative activities. Internationally these are fully protected by law under Intellectual property rights. Previous studies also consider other relevant factors like the political or governmental role in protecting overseas R and D investments by Intellectual property rights (IPR) regulations. Further, it concluded that the laws related to IPR and non-market factors safeguard company invention from piracy and make states more appealing for innovation-based activity.