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International Joint Ventures and Internal vs. External Technology Transfer : Evidence from China
Jiang, Kun - 2018
ventures in China from 1998 to 2007--roughly a quarter of all international joint ventures in the world--we find, first, that … virtually absent in broad sectors that include economic activities for which China's FDI policy has prohibited joint ventures …
Persistent link: https://www.econbiz.de/10012453259
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Why Do Multinational Firms Seek Out Joint Ventures?
Blomstrom, Magnus - 1989
This paper uses a model of dichotomous choice to distinguish the characteristics of Swedish multinational firms that seek out joint ventures from those that do not. The findings suggest that firms with little experience of foreign production and highly diversified product lines are the most...
Persistent link: https://www.econbiz.de/10012476061
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Local Protectionism, Market Structure, and Social Welfare : China's Automobile Market
Barwick, Panle Jia - 2017
While China has made great strides in transforming its centrally-planned economy to a market-oriented economy, there … competition and social welfare in the context of China's automobile market. This market exhibits a salient feature that vehicle …
Persistent link: https://www.econbiz.de/10012455004
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Innocents Abroad : The Hazards of International Joint Ventures with Pyramidal Group Firms
Perkins, Susan - 2008
The fundamental unit of production in microeconomics is the firm, and this mirrors reality in the United States and United Kingdom. But elsewhere, business groups can be the more important unit, for business strategy is often formulated at the business group level, not the firm level. In many...
Persistent link: https://www.econbiz.de/10012464733
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R&D Sourcing, Joint Ventures and Innovation : A Multiple Indicators Approach
Adams, James D. - 2004
This paper reexamines the limits of the firm in Research and Development (R&D). Using evidence drawn from industrial laboratories we study the causes and effects of R&D sourcing. We begin with the causes of sourcing, finding that Research Joint Ventures (RJVs), the option to purchase and...
Persistent link: https://www.econbiz.de/10012468219
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Universities, Joint Ventures, and Success in the Advanced Technology Program
Darby, Michael R. - 2003
America's most innovative firms participate in the U.S. Commerce Department's Advanced Technology Program (ATP) those that participated at least once accounted for over 40 percent of U.S. patents to U.S. entities during 1988-1996. Many firms are repeat participants. ATP participation has...
Persistent link: https://www.econbiz.de/10012469240
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International Joint Ventures and the Boundaries of the Firm
Desai, Mihir A. - 2002
This paper analyzes the determinants of partial ownership of the foreign affiliates of U.S. multinational firms and, in particular, why partial ownership has declined markedly over the last 20 years. The evidence indicates that whole ownership is most common when firms coordinate integrated...
Persistent link: https://www.econbiz.de/10012469596
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Dynamic Oligopoly Pricing with Asymmetric Information : Implications for Horizontal Mergers
Sweeting, Andrew; Tao, Xuezhen; Yao, Xinlu - National Bureau of Economic Research - 2021
We model differentiated product pricing by firms that possess private information about serially-correlated state variables, such as their marginal costs, and can use prices to signal information to rivals. In a dynamic game, signaling can raise prices significantly above static complete...
Persistent link: https://www.econbiz.de/10012496143
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Technology Transfer and Spillovers? Does Local Participation with Multinationals Matter?
Blomstrom, Magnus - 1998
This paper examines the effects on technology transfer and spillovers deriving from ownership sharing of foreign multinational affiliates. More specifically, we try to answer two questions, using unpublished Indonesian micro data. Firstly, do establishments with minority and majority ownership...
Persistent link: https://www.econbiz.de/10012471997
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Trade and Foreign Direct Investment in China : A Political Economy Approach
Branstetter, Lee G. - 1999
We view the political process in China as trading off the social benefits of increased trade and foreign direct … of this model are estimated using province-level data on foreign direct investment and trade flows in China, over the … China may find it politically difficult to follow through with liberalizing its trade and investment regimes, such as under …
Persistent link: https://www.econbiz.de/10012471698