Abstract
It is often argued that multinationals are reluctant to transfer technology due to the fear of spillovers. We show that this need not be the case if host country policies like taxation are taken into account. Furthermore, we examine the incentives the multinational and the host country have to engage in an international joint venture. We show why a multinational 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.
Dokumententyp: | Paper |
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Keywords: | Foreign Direct Investment, International Joint Ventures, Technology Transfer, Technology Spillovers, Multinational Firms |
Fakultät: | Sonderforschungsbereiche > Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems
Sonderforschungsbereiche > Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems > B5 - Weltwirtschaftliche Integration und die neue Firmenorganisation Volkswirtschaft Volkswirtschaft > Lehrstühle > Seminar für Komparative Wirtschaftsforschung |
Themengebiete: | 300 Sozialwissenschaften > 330 Wirtschaft |
JEL Classification: | D43, F21, F23, L13, P31, O12 |
URN: | urn:nbn:de:bvb:19-epub-13467-3 |
Sprache: | Englisch |
Dokumenten ID: | 13467 |
Datum der Veröffentlichung auf Open Access LMU: | 10. Jul. 2012, 13:10 |
Letzte Änderungen: | 04. Nov. 2020, 12:53 |