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.
| Item Type: | Journal article |
|---|---|
| Faculties: | Economics Economics > Chairs > Seminar for Comparative Economics |
| Subjects: | 300 Social sciences > 330 Economics |
| Language: | English |
| Item ID: | 19198 |
| Date Deposited: | 15. Apr 2014 08:49 |
| Last Modified: | 04. Nov 2020 13:00 |
