This paper presents and tests a new model of multinational firms to explain a rich array of multinational behavior. In contrast to most approaches, here the multinational faces costs to transferring its know-how that are increasing in technological complexity. Costly technology transfer gives...

This paper presents and tests a new model of multinational firms to explain a rich array of multinational behavior. In contrast to most approaches, here the multinational faces costs to transferring its know-how that are increasing in technological complexity. Costly technology transfer gives...

This paper presents and tests a new model of multinational firms to explain a rich array of multinational behaviour. In contrast to most approaches, here the multinational faces costs to transferring its knowhow that are increasing in technological complexity. Costly technology transfer gives...