Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/93778 
Year of Publication: 
2005
Series/Report no.: 
SFB/TR 15 Discussion Paper No. 84
Publisher: 
Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY), München
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.
Subjects: 
Foreign Direct Investment
International Joint Ventures
Technology Transfer
Technology Spillovers
Multinational Firms
JEL: 
D43
F21
F23
L13
P31
O12
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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