It is often argued that multinationals are reluctant to transfer technology due to the fear of spillovers. We show that … may agree to enter a joint venture even though this gives rise to spillovers. Surprisingly, we find that a joint venture … is sometimes not in the interest of a host country, despite the prospect of spillovers. …

can protect their technology by exporting or risk spillovers by undertaking FDI to avoid tariffs. A stringent IPR regime …

structure in an international joint venture. In contrast to existing arguments we show that spillovers must not always have … venture is mutually beneficial. Surprisingly, however, we find that despite the prospect of spillovers a joint venture is …

R&D spillovers as well. This paper analyzes empirically whether inward and outward foreign direct investment (FDI) work … as channels for international R&D spillovers. We utilize firm-level as well as industry-level data for Swedish … manufacturing in the analysis. We find no evidence of FDI-related R&D spillovers - neither at the firm-level nor at the industry …

spillovers - which are supposed to affect productivity levels of other firms in a host country. Empirical results on this topic …

-industry spillovers. The effect is estimated to be twice as high within the foreign owned industrial communities as compared to the cross …