G2TT
来源类型FEEM working papers "Note di lavoro" series
规范类型论文
Dissipation of Knowledge and the Boundaries of the Multinational Enterprise
Valeria Gattai; Corrado Molteni
发表日期2005
出处Economy and Society
出版年2005
语种英语
摘要This paper provides a theoretical formalisation of the joint-venture contract, as an alternative to Foreign Direct Investment (FDI), within a Dissipation of Intangible Assets framework. In a two-period model, we discuss how the threat of knowledge spillover shapes the boundaries of a Multinational Enterprise. Similarly to the theoretical findings on the FDI-licensing trade off, we show that the integrated solution is more likely to emerge when know-how easily spills over - i.e. when firms are endowed with more Intangible Assets or they belong to high tech industries. Probit estimates, from a new firm-level dataset, show that Japanese manufacturing operations in Europe are in line with these predictions.
特色分类F23,C25,O5
关键词Dissipation,Intangible assets,FDI,joint-venture,Internalisation,Japan
URLhttps://www.feem.it/en/publications/feem-working-papers-note-di-lavoro-series/dissipation-of-knowledge-and-the-boundaries-of-the-multinational-enterprise/
来源智库Fondazione Eni Enrico Mattei (Italy)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/117233
推荐引用方式
GB/T 7714
Valeria Gattai,Corrado Molteni. Dissipation of Knowledge and the Boundaries of the Multinational Enterprise. 2005.
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NDL2005-121.pdf(1011KB)智库出版物 限制开放CC BY-NC-SA浏览
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