An important element of technology globalization is the rise of technology-based entrepreneurs in China, India, Mexico and other emerging economies. Increasingly, these techno-entrepreneurs are strategically important as part of the innovation value chain of multinational enterprises (MNEs)....

Firm-to-firm relationships in global value chains create opportunities for North-South technology diffusion. This paper studies technology transfer in value chains when contracts are incomplete and input production technologies are imperfectly excludable. The paper introduces a new taxonomy of...