Showing 1 - 10 of 2,905
China carried out in 2000/01. Using Cluster-Analysis two JV types are derived, which allow for some first yet tentative …
Persistent link: https://www.econbiz.de/10010296984
The following essay deals with this kind of conflict as a possible consequence of the piggybacking strategy, presenting a theoretical part (chapter 2) followed by an empirical analysis (chapter 3). The latter is based on an opinion poll among German firms that have been asked to evaluate the...
Persistent link: https://www.econbiz.de/10010435565
Can two negotiators fail to agree when both the size of the surplus and the rationality of the negotiators are common knowledge? We show that the answer is affirmative. When the negotiators can make irrevocable commitments at a low but positive cost, the unique symmetric equilibrium entails...
Persistent link: https://www.econbiz.de/10010263800
This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are potentially important for the investment...
Persistent link: https://www.econbiz.de/10010296282
Multinationals may enter a host market by different modes of foreign direct investment (FDI). This paper examines the choice of FDI mode, and shows that the profitability of greenfield investment influences this choice not only directly, but also indirectly since it determines the outside option...
Persistent link: https://www.econbiz.de/10010296283
In this paper, we develop a politico-economic model to analyze the relationship between the mode of international investment and institutional quality in a non-democratic capital importing country. Foreign investors from a capital-rich North can either purchase productive assets in a...
Persistent link: https://www.econbiz.de/10010286399
This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are potentially important for the investment...
Persistent link: https://www.econbiz.de/10010260614
During the last decades, the growth of trade between China and the Netherlands has been larger than the increase in … bilateral trade flows between China and most other countries. Using a time series based gravity model, this paper investigates …-house offshoring to China is a major determinant of Dutch import growth from China. Dutch firms tend to offshore production in …
Persistent link: https://www.econbiz.de/10010326028
This paper investigates co-operative research activity by firms using data from the 3rd Community Innovation Survey for four countries, France, Germany, Spain and the UK. We build on the Cassiman and Veugelers (CV) (2002) study of Belgian manufacturing firms, by incorporating information on the...
Persistent link: https://www.econbiz.de/10010293088
The theories of internalization and internationalization provide general factors of international market entry but are not precise about its timing. A model of waiting and growth options seizes the importance of flexibility to FDI decisions and centers the impact of uncertainty. The results of a...
Persistent link: https://www.econbiz.de/10010295803