Xiang Nui
The purpose of this article is to give detail explanation of the many challenges that Intellectual property rights (IP) regimes present to multinational corporations from other nations (MNCs). It is based on a thorough examination of the expropriation, entrepreneurship risks, and transaction costs that China's IP system has posed to foreign MNCs in the past, as well as projections of how these risks and costs would alter in the future. Contrary to popular assumption, I think that IP regimes can be classified as either "weak" or "strong." Instead, I demonstrate how complex "international paradoxes" can occur under IP regimes, how they grow, and how they can be justified using a broader framework than previously available. These findings contribute to IB research's reassessment of IP regimes.