ABSTRACT
This chapter introduces the literature about the location and the extent of overseas research and development (R&D) performed by translational corporations (TNC). It examines the returns in the form of patents and royalties from Internet Protocol assets arising from intra-firm technology transfers within TNCs. The chapter presents a discussion on the motivation and determinants of R&D location by TNCs and looks at the approach, measures and proxies for returns on intellectual property. It provides a brief discussion of TNC innovation activities in India is followed by a short case study on Agilent Technologies. The overseas subsidiary patent ratio also signals the power of the TNC affiliate to claim a share in the pool of intellectual property rights (IPR) in possession of the TNC enterprise as a whole. The distribution of IPR between the parent and the affiliate is influenced by a complex array of variables.
