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Technology Transfer and Spillovers in International Joint Ventures

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Author Info
Thomas Müller (Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin), International/Financial Markets Department, Georg-von-Boeselager-Str. 25, 53117 Bonn, Germany, Tel.: +49 228 4108 3732, Fax.: +49 228 4108 63732. thomas.mueller3@bafin.de)
Monika Schnitzer (Department of Economics, University of Munich, Akademiestr. 1/III, 80799 Munich, Germany, Tel.: +49 89 2180 2217, Fax.: +49 89 2180 2767. schnitzer@lrz.uni-muenchen.de)

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Abstract

It is often argued that multinationals are reluctant to transfer technology due to the fear of spillovers. We show that this need not be the case if host country policies like taxation are taken into account. Furthermore, we examine the incentives the multinational and the host country have to engage in an international joint venture. We show why a multinational may agree to enter a joint venture even though this gives rise to spillovers. Surprisingly, we find that a joint venture is sometimes not in the interest of a host country, despite the prospect of spillovers.

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Paper provided by SFB/TR 15 Governance and the Efficiency of Economic Systems, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich in its series Discussion Papers with number 84.

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Date of creation: Oct 2005
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Handle: RePEc:trf:wpaper:84

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Related research
Keywords: Foreign Direct Investment; International Joint Ventures; Technology Transfer; Technology Spillovers; Multinational Firms;

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Find related papers by JEL classification:
D43 - Microeconomics - - Market Structure and Pricing - - - Oligopoly and Other Forms of Market Imperfection
F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
P31 - Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions
O12 - Economic Development, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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  1. Technology Assessment
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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Full references

Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Mugele, Christian & Schnitzer, Monika, 2006. "Organization of Multinational Activities and Ownership Structure," CEPR Discussion Papers 5592, C.E.P.R. Discussion Papers. [Downloadable!] (restricted)
    Other versions:
  2. Horst Raff & Michael Ryan & Frank Stähler, 2008. "Whole versus Shared Ownership of Foreign Affiliates," Kiel Working Papers 1433, Kiel Institute for the World Economy. [Downloadable!]
    Other versions:
  3. Christian Velasquez-Donaldson, 2007. "Analysis of the Hydrocarbon Sector in Bolivia: How are the Gas and Oil Revenues Distributed?," Development Research Working Paper Series 06/2007, Institute for Advanced Development Studies. [Downloadable!]
  4. Kesternich, Iris & Schnitzer, Monika, 2009. "Who is afraid of political risk? Multinational firms and their choice of capital structure," Discussion Paper Series 1: Economic Studies 2009,02, Deutsche Bundesbank, Research Centre. [Downloadable!]
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  5. Jiahua Che & Giovanni Facchini, 2009. "Cultural differences, insecure property rights and the mode of entry decision," Economic Theory, Springer, vol. 38(3), pages 465-484, March. [Downloadable!] (restricted)
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