Chapter 6: Science & Engineering Indicators 93
U.S. Royalties and Fees From All Transactions
U.S. receipts from all trade in intellectual properties approached $18 billion in 1991, nearly double U.S. firm receipts recorded just 5 years
earlier. (See appendix table 6-6.) During the period 1987-91, U.S. firms' receipts were generally four to five times as large as U.S. payments to foreign firms for intellectual property. Most (about
75 percent) of these latter transactions involved exchanges of intellectual property between U.S. firms and their foreign affiliates. (See figure 6-13.) Exchanges of intellectual property between
affiliates allow for a much higher level of control to the leasing firm. The frequency of such exchanges between related parties is growing faster than those between unaffiliated firms, suggesting greater internationalization of U.S. business.
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