Technology transfer and spillovers in international joint ventures

• 成果类型: Article
• 署名作者: Müller, T; Schnitzer, M
• 署名单位: University of Munich
• 刊物名称: JOURNAL OF INTERNATIONAL ECONOMICS
• ISSN/ISSBN: 0022-1996
• DOI: 10.1016/j.jinteco.2005.07.001
• 发表日期: 2006
• 页码: 456-468
• 关键词: foreign direct investment; international joint ventures; Technology transfer; Technology spillovers; multinational firms

摘要

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.(c) 2005 Elsevier B.V. All rights reserved.