Corporate Control, Foreign Ownership Regulations and Technology Transfer

被引:10
|
作者
Ishikawa, Jota [3 ]
Sugita, Yoichi [2 ]
Zhao, Laixun [1 ]
机构
[1] Kobe Univ, Res Inst Econ & Business, Kobe, Hyogo 6578501, Japan
[2] Columbia Univ, New York, NY USA
[3] Hitotsubashi Univ, Tokyo, Japan
关键词
F12; F13; F23; INTELLECTUAL PROPERTY PROTECTION; DIRECT-INVESTMENT; DOMESTIC FIRMS; JOINT VENTURES; SPILLOVERS; PRODUCTIVITY; JAPAN;
D O I
10.1111/j.1475-4932.2009.00547.x
中图分类号
F [经济];
学科分类号
02 ;
摘要
Multinationals are often required to form joint ventures (JVs) with local firms when entering the host country market. Explicitly taking corporate control into account, we explore the relationship between technology transfer and foreign ownership regulation in the presence of technology spillovers from JVs to local firms. It is shown that foreign ownership regulations may facilitate both technology transfer and spillovers when the multinational has corporate control. Under corporate control by the local partner firm, however, such regulations may hamper technology transfer.
引用
收藏
页码:197 / 209
页数:13
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