Norback, P.-J. - Institutet för Näringslivsforskning (IFN) - 1999
This paper analyzes a three-stage game where two firms choose (i) their respective technology, by deciding on a level … of R&D, (ii) whether this technology is to be used in a domestic or in a local plant and (iii) the quantity produced and … sold on the market. If technology transfer costs are fixed, "high-tech" firms tend to produce abroad, but if such costs are …