Transnational companies and patenting: current state of affairs
The article by D. Soldatenko(Ph. D. in Economics), senior lecturer at Liventsev’s International Economic Relations and External Economic Connections chair of MGIMO, focuses on studying how patent protection affects the economic growth and the development of cross-border business, considering the specifics of using patents as a way to transfer technologies within a company when entering global markets. The author analyzes the geography of the global patenting system and comesto the conclusion that Asian multinational companies are using its advantages to the fullest extent, however, since US companies led the market in 2017 by the amountof active patents and the US law provides better patenting protection, the latterhave the edge in terms of quality.