Bertram, von 1985-1992 China-Korrespondent der ARD, setzt der Euphorie um China als dem Wirtschaftswunderland der Stunde eine kritische Bestandsaufnahme entgegen und erzählt von deutschen Mittelständlern, die sich nach zahlreichen Fehlschlägen wieder aus der Volksrepublik zurückgezogen haben

Quid pro quo policies, mainly in foreign partial acquisitions of state-owned enterprises (SOEs) in China, have been controversial due to the corresponding forced technology transfer for market access. Whether and how quid pro quo affects SOE innovation has received limited attention. This study...

We examine whether cooperation in R&D leads to product market collusion. Suppose that firms engage in a stochastic R&D race while maintaining the collusive equilibrium in a repeated-game framework. Innovation under competitive R&D creates inter-firm asymmetries, which destabilizes the collusive...