Global Financial Investment Connectedness, ICT, and Intellectual Property Strategies: A Country-Level Empirical Analysis

Abstract

This study investigated the direct and indirect impacts of financial investment connectedness and Information and Communication Technology (ICT) on countries’ intellectual property (IP) strategies. By utilizing the panel logit model on longitudinal country-level data, we found that countries’ positions in the global financial investment network significantly affect their IP strategies. Furthermore, ICT usage weakens the IP strategies’ reliance on global financial investment connectedness. This study is among the first to link financial investment connectedness and ICT to intellectual property strategy. The implications for governments managing financial investment portfolios and making intellectual property strategies are derived.