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Siyao Li - Closing the Institutional Gap, Häftad

Häftad, Engelska, 2026

Del i serien Business and Public Policy

Closing the Institutional Gap

How Foreign Investors Shape Domestic Institutions in Emerging Markets

Av Siyao Li

559 kr

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Beskrivning
As multinational corporations (MNCs) expand their global presence, they actively shape the legal and institutional frameworks that govern foreign markets. Challenging the conventional view that firms primarily rely on external institutions to safeguard their property rights in countries with weak rule of law, this book argues that domestic institutions serve as critical arenas where MNCs advocate for stronger laws and enforcement, with a particular focus on intellectual property protection. Drawing on original datasets, survey experiments, and interviews with business executives, lawyers, and policymakers, Siyao Li reveals how home governments negotiate with host governments at the behest of MNCs, while the firms themselves play a central role in ensuring that these commitments translate into effective enforcement. At a time when global rule-making is shifting from multilateral cooperation towards bilateral negotiations and national-level policymaking, this book offers fresh insights into the evolving interplay of business power, state sovereignty, and global governance.
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Siyao Li is Assistant Professor of International Affairs in the School of Public and International Affairs at the University of Pittsburgh. She holds a Ph.D. in Political Science from the University of Pennsylvania and an MA in Statistics from the Wharton School. Her research focuses on the politics of foreign direct investment and trade, and business-government relations and her work has appeared in the Journal of Conflict Resolution, Journal of European Public Policy, and Political Science Research and Methods.

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'In 'Closing the Institutional Gap', Siyao Li analyzes the ways international corporations try to protect their assets, especially their intellectual property. In a novel analysis, she argues that multinational investors use a variety of legal, political, and diplomatic methods to get host countries to enact 'institutional' protections for the corporations' intangible assets. This book is a valuable contribution to our understanding of the politics of international investment, especially in the economically and politically crucial economic sectors that rely on secure intellectual property rights.' Jeffry Frieden, Columbia University

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