Antràs, Pol; Desai, Mihir A.; Foley, C. Fritz - In: The Quarterly Journal of Economics 124 (2009) 3, pp. 1171-1219
This paper examines how costly financial contracting and weak investor protection influence the cross-border operational, financing, and investment decisions of firms. We develop a model in which product developers can play a useful role in monitoring the deployment of their technology abroad....