haku: @author Ethier, W. / yhteensä: 6
viite: 2 / 6
Tekijä: | Ethier, W. Markusen, J. |
Otsikko: | Multinational firms, technology diffusion and trade |
Lehti: | Journal of International Economics
1996 : AUG, VOL. 41:1/2, p. 1-28 |
Asiasana: | MULTINATIONAL COMPANIES TECHNOLOGY TRADE |
Kieli: | eng |
Tiivistelmä: | Attempts to add multinational firms to the "new" trade theories generate predictions about direct investment dramatically at odds with the facts. A failure to treat internalization adequately seems responsible at least in part. Empirical evidence also indicates a close association between costly exporting and the possible dissipation of its knowledge capital by producing abroad. The paper examines the choice between exporting, licencing, and acquiring a subsidiary in this environment. The authors analyze the cost and technology parameters. |
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