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| Author: | Hennart, J.-F. |
| Title: | Can the "new forms of investment" substitute for the "old forms"? A transaction cost perspective. |
| Journal: | Journal of International Business Studies
1989 : SUMMER, VOL. 20:2, p. 211-234 |
| Index terms: | INVESTMENT ANALYSIS COSTS |
| Language: | eng |
| Abstract: | An explanation of the new contractual alternatives to foreign direct investment /FDI/, using transactions costs theory to assess their efficiency and forecast their future development. The transaction costs theory of the multinational enterprise /MNE/. Technology. Sale of plant versus FDI. Licensing versus FDI. Marketing. The narrow outside market. High setup costs of developing the market. Four Tables illustrate the study. |
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