Chapter

Measuring Payments for the Supply and Use of Intellectual Property

Carol A. Robbins

in International Trade in Services and Intangibles in the Era of Globalization

Published by University of Chicago Press

Published in print June 2009 | ISBN: 9780226709598
Published online February 2013 | e-ISBN: 9780226709604 | DOI: http://dx.doi.org/10.7208/chicago/9780226709604.003.0005
Measuring Payments for the Supply and Use of Intellectual Property

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This chapter provides the first detailed estimation of U.S. corporate income from the use of intellectual property, commonly called royalties and licensing fees. The findings reveal that transactions in royalties and license fees are predominantly conducted through business affiliates and that international transactions in royalties and license fees in 2002 account for the bulk of U.S. receipts from unaffiliated parties. This chapter argues that the Statistics of Income (SOI) data are more complete than the Census data as a basis for estimation of the industries' supply and use of rights to benefit from intellectual property.

Keywords: intellectual property; corporate income; royalties; licensing fees; business affiliates

Chapter.  13831 words.  Illustrated.

Subjects: International Economics

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