World Investment Report--CHAPTER VIII THE INTERNATIONAL FRAME WORK（PDF 13）

As shown in Chapter VII, national policies
are critical for strengthening the NIS, as well as
for encouraging and facilitating foreign
investment in R&D and maximizing the benefits
from it. However, in an increasingly integrated
global economic system, national policies cannot
be pursued in isolation. Their reach and impact
are often influenced by legal and regulatory
arrangements at the international level. In fact,
most of the recent international investment
agreements (IIAs) contain specific provisions
governing FDI in R&D.1 Other international
regulatory frameworks that have a direct bearing
on FDI in R&D include those that address
intellectual property right (IPR) regimes and the
generation, transfer and diffusion of science,
technology and innovation, agreements that
encourage home-country measures and corporate
social responsibility, and international
cooperation agreements in science and
technology.
This chapter examines these various
agreements in turn, and identifies issues of
special relevance to FDI in R&D, both in terms
of facilitating national policies to encourage FDI
in R&D or restricting the policy space available
to countries to design and implement such
policies. These issues include entry and
establishment of investment in R&D,
performance requirements, use of incentives to
encourage FDI in R&D, free movement of key
personnel, protection of investment in R&D,
home-country measures and corporate social
responsibility, protection of IPRs and
international cooperation in R&D.
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