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来源类型Working Paper
规范类型报告
DOI10.3386/w24455
来源IDWorking Paper 24455
International Joint Ventures and Internal vs. External Technology Transfer: Evidence from China
Kun Jiang; Wolfgang Keller; Larry D. Qiu; William Ridley
发表日期2018-04-02
出版年2018
语种英语
摘要We study the economics of international joint ventures with administrative data for China exploiting the change in foreign direct investment policy as China entered the WTO in the year 2002. Accounting for a quarter of all international joint ventures worldwide, we first show that foreign investors choose Chinese partners that are relatively large, productive, and often subsidized to set up their joint venture. Second, we document benefits from foreign technology in terms of innovation and productivity that go far beyond the joint venture, not only to the Chinese joint venture parent firm but also to entrepreneurs at firms upstream from and in the same industry as the joint venture (backward and horizontal spillovers, respectively). As China has dropped joint venture requirements and shifted towards wholly foreign-owned FDI as part of becoming a member of the WTO, there have been two opposing effects. While joint venture spillovers have increased, the shift towards wholly foreign-owned FDI has reduced spillovers because we find larger industry spillovers from international joint ventures than from wholly foreign-owned FDI. The results shed new light on the efficacy of FDI performance requirements as well as on claims regarding international technology transfer that underpin the current China-U.S. trade war.
主题International Economics ; International Factor Mobility ; Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w24455
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/582129
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GB/T 7714
Kun Jiang,Wolfgang Keller,Larry D. Qiu,et al. International Joint Ventures and Internal vs. External Technology Transfer: Evidence from China. 2018.
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