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New Forms of International Industrial Co-operation

In: The Economic Theory of the Multinational Enterprise


  • Peter J. Buckley


This chapter is an attempt to bring together the rather disparate literature on a topic which is currently identified as an important area in international trade and development — the growth of ‘new forms’ of international industrial co-operation. Such new forms are contrasted with traditional technology transfer through the agency of a wholly-owned subsidiary of a multinational enterprise. Consequently, we are able to identify a spectrum of forms of industrial co-operation from joint ventures between multinationals and host-country interests through a variety of contractual agreements such as licensing, franchising and management contracts to time-limited ‘contractual joint ventures’ and ‘fade-out agreements’.

Suggested Citation

  • Peter J. Buckley, 1985. "New Forms of International Industrial Co-operation," Palgrave Macmillan Books, in: The Economic Theory of the Multinational Enterprise, chapter 3, pages 39-59, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-05242-4_3
    DOI: 10.1007/978-1-349-05242-4_3

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    Cited by:

    1. Isabel Faeth, 2009. "Determinants Of Foreign Direct Investment – A Tale Of Nine Theoretical Models," Journal of Economic Surveys, Wiley Blackwell, vol. 23(1), pages 165-196, February.
    2. Kasuga, Hidefumi, 1999. "International business alliances: an incomplete contract approach," Japan and the World Economy, Elsevier, vol. 11(4), pages 497-515, December.


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