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Corporate Control, Foreign Ownership Regulations and Technology Transfer

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Author Info
JOTA ISHIKAWA
YOICHI SUGITA
LAIXUN ZHAO
Abstract

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. Copyright © 2009 The Economic Society of Australia.

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Article provided by The Economic Society of Australia in its journal Economic Record.

Volume (Year): 85 (2009)
Issue (Month): 269 (06)
Pages: 197-209
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Handle: RePEc:bla:ecorec:v:85:y:2009:i:269:p:197-209

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This page was last updated on 2009-11-28.

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