A Test on Causality Relationship between Intellectual Property Rights Protection and Foreign Direct Investment in Malaysia
Rozilee Asid, Mori Kogid, Dullah Mulok, Jaratin Lily
Abstract
The role of IPR in attracting foreign direct investment has been extensively discussed in quite a number of literatures, but this issue has yet to be discussed in the Malaysian economic context. Recent ARDL cointegration approach is used to investigate the relationship. It is found that the immediate short run effect of IPR to reach the long run convergence is needed as the momentum found to be highly suggestive to promote investment.
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