Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/73964 
Authors: 
Year of Publication: 
2006
Series/Report no.: 
Nota di Lavoro No. 150.2006
Publisher: 
Fondazione Eni Enrico Mattei (FEEM), Milano
Abstract: 
In this paper we investigate the choice of FDI versus joint-venture, made by Italian, Spanish and Swiss multinationals in China, as shaped by the risk of Dissipation of Intangible Assets. Probit estimates, based on an entirely new firm-level dataset, constructed by the author, show that FDI is more likely to emerge when know-how easily spills over - namely for firms endowed with more Intangible Assets or belonging to high tech sectors - in line with the theoretical expectations.
Subjects: 
Intangible Assets
Internalisation
FDI
Joint-venture
China
JEL: 
F23
C25
O53
Document Type: 
Working Paper

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