Foreign Direct Investment (FDI) embodying capital and technology or some intangible advantage is the act of establishing or acquiring a foreign subsidiary over which the investing company has extensive management control. The empirical results show the influence of patents, copyright, trademarks and competition in GDP and GDP growth, which is changeable according to the explanatory variables utilized in our econometric models. Taking into account that IPRs contribute to the competitiveness of an economy, there is an interaction between competition and IPR and a complex influence of both variables upon FDI inflows, GDP, GDP growth and trade.

Globalization is the phenomenon of improved integration of the world economy as evidenced by the growth of international trade and factor mobility. Post-globalization period is distinguished from the preceding period in part because of the major role of information technology, cyberspace. The globalization of technology stems from the speed with which innovation is propagated, with international networks linking public and private research centers, as well as from converging standards involving not only Foreign Direct Investment (FDI) and relocation, but also joint ventures, cooperation agreements and strategic alliances.

In globalization, emerging countries have strong and growing interest in attracting trade, FDI, and technological expertise, making certain that the benefits of competition actually arise. In this context, Intellectual Property Rights (IPRs) are a vital element in maximizing the benefits of expanded market access and promoting dynamic competition in which local companies take part (Zekos, 2007).

Management Research Journal, Foreign Direct Investment (FDI), Competition, IPRs and Growth, The Influence of Patents, Copyright, Trademarks, Competition on GDP, GDP Growth, Trade and FDI .