Technology Transfer and Spillovers in International Joint Ventures

Müller, Thomas und Schnitzer, Monika (September 2003): Technology Transfer and Spillovers in International Joint Ventures. Münchener Wirtschaftswissenschaftliche Beiträge (VWL) 2003-22

Abstract

This paper analyzes the effects of a potential spillover on technology transfer of a multinational enterprise and on the host country policy. In particular, we examine how both parties' incentives can be controlled through the ownership structure in an international joint venture. In contrast to existing arguments we show that spillovers must not always have negative effects on technology transfer and they may be efficiency improving. Moreover, there are circumstances where a joint venture is mutually beneficial. Surprisingly, however, we find that despite the prospect of spillovers a joint venture is sometimes not in the interest of a host country.

• Dokumententyp: Paper
• Keywords: Foreign Direct Investment, Joint Venutres, Ownership Structure, Multinational Enterprise, Spillovers, Transition Economics
• Fakultät: Volkswirtschaft ; Volkswirtschaft > Munich Discussion Papers in Economics ; Volkswirtschaft > Munich Discussion Papers in Economics > Industrieökonomik ; Volkswirtschaft > Munich Discussion Papers in Economics > Transformationsökonomik ; Volkswirtschaft > Lehrstühle > Seminar für Komparative Wirtschaftsforschung
• Themengebiete: 300 Sozialwissenschaften > 300 Sozialwissenschaft, Soziologie ; 300 Sozialwissenschaften > 330 Wirtschaft
• JEL Classification: D43, F21, F23, L13, P31, O12
• Sprache: Englisch