Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/104125
Authors: 
Müller, Thomas
Schnitzer, Monika
Year of Publication: 
2003
Series/Report no.: 
Munich Discussion Paper 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.
Subjects: 
Foreign Direct Investment
Joint Venutres
Ownership Structure
Multinational Enterprise
Spillovers
Transition Economics
JEL: 
D43
F21
F23
L13
P31
O12
Persistent Identifier of the first edition: 
Document Type: 
Working Paper

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