IDEAS home Printed from https://ideas.repec.org/r/cje/issued/v20y1987i3p464-81.html
   My bibliography  Save this item

Licensing versus Direct Investment: A Model of Internalization by the Multinational Enterprise

Citations

Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
as


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. Nguyen, Quyen T.K. & Almodóvar, Paloma, 2018. "Export intensity of foreign subsidiaries of multinational enterprises: The role of trade finance availability," International Business Review, Elsevier, vol. 27(1), pages 231-245.
  3. Maskus, Keith E. & Penubarti, Mohan, 1995. "How trade-related are intellectual property rights?," Journal of International Economics, Elsevier, vol. 39(3-4), pages 227-248, November.
  4. Wolfgang Keller & Stephen Ross Yeaple, 2013. "The Gravity of Knowledge," American Economic Review, American Economic Association, vol. 103(4), pages 1414-1444, June.
  5. Robert E. Lipsey, 1995. "Outward Direct Investment and the U.S. Economy," NBER Chapters, in: The Effects of Taxation on Multinational Corporations, pages 7-42, National Bureau of Economic Research, Inc.
  6. Arghya Ghosh & Jota Ishikawa, 2018. "Trade liberalization, absorptive capacity and the protection of intellectual property rights," Review of International Economics, Wiley Blackwell, vol. 26(5), pages 997-1020, November.
  7. Elhanan Helpman & Marc J. Melitz & Stephen R. Yeaple, 2003. "Export versus FDI," NBER Working Papers 9439, National Bureau of Economic Research, Inc.
  8. Kinuthia, Bethuel Kinyanjui & Murshed, Syed Mansoob, 2015. "FDI determinants: Kenya and Malaysia compared," Journal of Policy Modeling, Elsevier, vol. 37(2), pages 388-400.
  9. Bernard M. Hoekman & Keith E. Maskus & Kamal Saggi, 2023. "Transfer of Technology to Developing Countries: Unilateral and Multilateral Policy Options," World Scientific Book Chapters, in: Kamal Saggi (ed.), Technology Transfer, Foreign Direct Investment, and the Protection of Intellectual Property in the Global Economy, chapter 5, pages 127-142, World Scientific Publishing Co. Pte. Ltd..
  10. Che, Jiahua & Facchi, Giovanni, 2007. "Cultural Differences, Insecure Property Rights and the Mode of Entry Decision," Economics Discussion Papers 8916, University of Essex, Department of Economics.
  11. Mayer, T. & Mejean, I. & Nefussi, B., 2010. "The location of domestic and foreign production affiliates by French multinational firms," Journal of Urban Economics, Elsevier, vol. 68(2), pages 115-128, September.
  12. Felipa Mello Sampayo, 2006. "The Geographic Distribution of Economic Activities of the USA Multinational Enterprises," DEGIT Conference Papers c011_040, DEGIT, Dynamics, Economic Growth, and International Trade.
  13. Sumanjeet Singh, 2018. "The State of IP protection, Exploitation and Valuation: Evidence from Select Indian Micro, Small and Medium Enterprises (MSMEs)," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 4(2), pages 159-176, July.
  14. Irac, D., 2006. "Revisiting the proximity-concentration trade-off: Distance and Horizontal Foreign Direct Investment in OECD countries," Working papers 153, Banque de France.
  15. Peter Nunnenkamp & Julius Spatz, 2004. "Intellectual property rights and foreign direct investment: A disaggregated analysis," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 140(3), pages 393-414, September.
  16. Jiahua Che & Giovanni Facchini, 2009. "Cultural differences, insecure property rights and the mode of entry decision," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 38(3), pages 465-484, March.
  17. Miguel Cruz VaÌ squez & Pedro Castillo Cedillo & Beatriz Pico GonzaÌ lez, 2017. "Los factores principales de la inversioÌ n extranjera directa en algunos paiÌ ses de AmeÌ rica Latina," Revista de Investigación en ciencias contables y Administrativas, Universidad Michoacana de San Nicolás de Hidalgo, Facultad de Contaduría y Ciencias Administrativas, vol. 2(1), pages 103-125, January.
  18. Gregory Corcos & Delphine M. Irac & Giordano Mion & Thierry Verdier, 2013. "The Determinants of Intrafirm Trade: Evidence from French Firms," The Review of Economics and Statistics, MIT Press, vol. 95(3), pages 825-838, July.
  19. Naoto Jinji & Xingyuan Zhang & Shoji Haruna, 2022. "Does Tobin’s q Matter for a Firm’s Choice of Globalization Mode?," Advances in Japanese Business and Economics, in: Deep Integration, Global Firms, and Technology Spillovers, chapter 0, pages 49-69, Springer.
  20. Aidan Meyler, 1998. "Technology and Foreign Direct Investment in Ireland," Economics Technical Papers 9810, Trinity College Dublin, Department of Economics.
  21. Arijit Mukherjee, 2008. "Unionised Labour Market and Strategic Production Decision of a Multinational," Economic Journal, Royal Economic Society, vol. 118(532), pages 1621-1639, October.
  22. repec:spo:wpecon:info:hdl:2441/c8dmi8nm4pdjkuc9g8mcgcdbi is not listed on IDEAS
  23. Wilfred J. Ethier & James R. Markusen, 2021. "Multinational firms, technology diffusion and trade," World Scientific Book Chapters, in: BROADENING TRADE THEORY Incorporating Market Realities into Traditional Models, chapter 7, pages 131-158, World Scientific Publishing Co. Pte. Ltd..
  24. Anja Breitwieser & Neil Foster-McGregor, 2012. "Intellectual Property Rights, Innovation and Technology Transfer: A Survey," wiiw Working Papers 88, The Vienna Institute for International Economic Studies, wiiw.
  25. repec:hal:wpspec:info:hdl:2441/10162 is not listed on IDEAS
  26. Grossman, Gene M. & Helpman, Elhanan, 2004. "Managerial incentives and the international organization of production," Journal of International Economics, Elsevier, vol. 63(2), pages 237-262, July.
  27. Edward John Ray, 1991. "Foreign Takeovers And New Investments In The United States," Contemporary Economic Policy, Western Economic Association International, vol. 9(2), pages 59-71, April.
  28. Raff, Horst & Srinivasan, Krishna, 1998. "Tax incentives for import-substituting foreign investment:: Does signaling play a role?," Journal of Public Economics, Elsevier, vol. 67(2), pages 167-193, February.
  29. Guifang Yang & Keith Maskus, 2001. "Intellectual property rights and licensing: An econometric investigation," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 137(1), pages 58-79, March.
  30. Handy, Charles R. & Henderson, Dennis R., 1992. "Foreign Investment in Food Manufacturing," Occasional Papers 233088, Regional Research Project NC-194: Organization and Performance of World Food Systems.
  31. Cao, Jiyun & Mukherjee, Arijit, 2018. "Foreign direct investment, unionised labour markets and welfare," International Review of Economics & Finance, Elsevier, vol. 58(C), pages 330-339.
  32. TAKECHI Kazutaka, 2008. "International Strategic Alliances for Local Market Entry: Direct Launches versus Marketing Alliances in Pharmaceuticals," Discussion papers 08022, Research Institute of Economy, Trade and Industry (RIETI).
  33. Rafael Rob & Nikolaos Vettas, 2003. "Foreign Direct Investment and Exports with Growing Demand," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(3), pages 629-648.
  34. Michael W Nicholson, 2007. "The Impact of Industry Characteristics and IPR Policy on Foreign Direct Investment," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 143(1), pages 27-54, April.
  35. James R. Markusen, 1995. "The Boundaries of Multinational Enterprises and the Theory of International Trade," Journal of Economic Perspectives, American Economic Association, vol. 9(2), pages 169-189, Spring.
  36. Sadao Nagaoka, 2009. "Does strong patent protection facilitate international technology transfer? Some evidence from licensing contracts of Japanese firms," The Journal of Technology Transfer, Springer, vol. 34(2), pages 128-144, April.
  37. Hess, Sebastian, 2005. ""In The Jungle": Towards a Common Documentation Standard for CGE-Based Experiments," Conference papers 331354, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
  38. Müller, Thomas, 2003. "The Multinational Enterprise," Munich Dissertations in Economics 799, University of Munich, Department of Economics.
  39. McCalman, Phillip, 2004. "Foreign direct investment and intellectual property rights: evidence from Hollywood's global distribution of movies and videos," Journal of International Economics, Elsevier, vol. 62(1), pages 107-123, January.
  40. Arghya Ghosh & Souresh Saha, 2008. "Trade Policy in the Presence of Technology Licensing," Review of International Economics, Wiley Blackwell, vol. 16(1), pages 45-68, February.
  41. Harry Huizinga, 1995. "Taxation and the Transfer of Technology by Multinational Firms," Canadian Journal of Economics, Canadian Economics Association, vol. 28(3), pages 648-655, August.
  42. Ly, Amadú & Esperança, José & Davcik, Nebojsa S., 2018. "What drives foreign direct investment: The role of language, geographical distance, information flows and technological similarity," Journal of Business Research, Elsevier, vol. 88(C), pages 111-122.
  43. Tarun Kabiraj & Uday Bhanu Sinha, 2015. "Foreign Entry, Acquisition Target and Host Country Welfare," Manchester School, University of Manchester, vol. 83(6), pages 725-748, December.
  44. Lorenzo Casaburi & Valeria Gattai, 2009. "Why FDI? An Empirical Assessment Based on Contractual Incompleteness and Dissipation of Intangible Assets," Working Papers 164, University of Milano-Bicocca, Department of Economics, revised Jul 2009.
  45. Valeria Gattai, 2006. "From the Theory of the Firm to FDI and Internalisation: A Survey," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 65(2), pages 225-262, November.
  46. S. Lael Brainard, 1993. "A Simple Theory of Multinational Corporations and Trade with a Trade-Off Between Proximity and Concentration," NBER Working Papers 4269, National Bureau of Economic Research, Inc.
  47. Edward John Ray, 1991. "Foreign Takeovers And New Investments In The United States," Contemporary Economic Policy, Western Economic Association International, vol. 9(1), pages 59-71, January.
  48. Miguel Cruz Vásquez & Pedro Castillo Cedillo & Beatriz Pico González, 2016. "Los factores principales de la inversión extranjera directa en algunos países de América Latina," Revista de Investigación en Ciencias Contables y Administrativas, Universidad Michoacana de San Nicolás de Hidalgo, Facultad de Contaduría y Ciencias Administrativas, vol. 2(1), pages 99-122, July.
  49. Choi, Jay Pil, 2001. "Technology transfer with moral hazard," International Journal of Industrial Organization, Elsevier, vol. 19(1-2), pages 249-266, January.
  50. Broll, Udo & Marjit, Sugata, 1992. "On generating efficiency through public-private joint ventures," Discussion Papers, Series II 183, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
  51. I. M. Sheldon & D. R. Henderson, 1992. "The International Licensing Of Branded Food Products: A Game‐Theoretic Analysis," Journal of Agricultural Economics, Wiley Blackwell, vol. 43(3), pages 368-380, September.
  52. Nunnenkamp, Peter & Spatz, Julius, 2003. "Intellectual property rights and foreign direct investment: the role of industry and host-country characteristics," Kiel Working Papers 1167, Kiel Institute for the World Economy (IfW Kiel).
  53. Sleuwaegen, Leo & Pennings, Enrico, 2000. "The Choice and Timing of Foreign Market Entry under Uncertainty," CEPR Discussion Papers 2470, C.E.P.R. Discussion Papers.
  54. Smarzynska, Beata K., 2000. "Technological leadership and foreign investors'choice of entry mode," Policy Research Working Paper Series 2314, The World Bank.
  55. Uppal, Yogesh, 2008. "Preferential trading areas: investment and welfare effects when countries differ in their size," MPRA Paper 15193, University Library of Munich, Germany.
  56. repec:spo:wpecon:info:hdl:2441/10162 is not listed on IDEAS
  57. Smith, Pamela J., 1999. "Are weak patent rights a barrier to U.S. exports?," Journal of International Economics, Elsevier, vol. 48(1), pages 151-177, June.
  58. Qiu, Larry D. & Tao, Zhigang, 2001. "Export, foreign direct investment, and local content requirement," Journal of Development Economics, Elsevier, vol. 66(1), pages 101-125, October.
  59. Yang-Ming Chang & Philip Gayle, 2009. "Exports versus FDI: do firms use FDI as a mechanism to smooth demand volatility?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 145(3), pages 447-467, October.
  60. repec:hal:wpspec:info:hdl:2441/c8dmi8nm4pdjkuc9g8mcgcdbi is not listed on IDEAS
  61. Michael Ferrantino, 1993. "The effect of intellectual property rights on international trade and investment," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 129(2), pages 300-331, June.
  62. Mayer, T. & Mejean, I. & Nefussi, B., 2010. "The location of domestic and foreign production affiliates by French multinational firms," Journal of Urban Economics, Elsevier, vol. 68(2), pages 115-128, September.
  63. Skripnitchenko, Anatoliy & Abbott, Philip C., 2003. "Preferential Trade Arrangements In Apparel Exports From The Caribbean To The U.S.: A Dynamic Investment Approach," 2003 Annual meeting, July 27-30, Montreal, Canada 21977, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  64. Horstmann, Ignatius J & Markusen, James R, 1996. "Exploring New Markets: Direct Investment, Contractual Relations and the Multinational Enterprise," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 37(1), pages 1-19, February.
  65. Giovanni Pica & José V. Rodríguez Mora, 2005. "FDI, Allocation of Talents and Differences in Regulation," CSEF Working Papers 134, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy.
  66. Asmussen, Christian G. & Benito, Gabriel R.G. & Petersen, Bent, 2009. "Organizing foreign market activities: From entry mode choice to configuration decisions," International Business Review, Elsevier, vol. 18(2), pages 145-155, April.
  67. Talamo, Giuseppina, 2010. "Corporate governance and capital flows," MPRA Paper 35853, University Library of Munich, Germany, revised 2011.
  68. Andrzej Cieślik & Michael Ryan, 2012. "Productivity Differences and Foreign Market Entry in an Oligopolistic Industry," Open Economies Review, Springer, vol. 23(3), pages 531-557, July.
  69. James Markusen, 2005. "Modeling the Offshoring of White-Collar Services: From Comparative Advantage to the New Theories of Trade and FDI," NBER Working Papers 11827, National Bureau of Economic Research, Inc.
  70. Pica, Giovanni & Rodríguez Mora, José V., 2011. "Who's afraid of a globalized world? Foreign Direct Investments, local knowledge and allocation of talents," Journal of International Economics, Elsevier, vol. 85(1), pages 86-101, September.
  71. Naoto Jinji & Yukiko Sawada & Xingyuan Zhang & Shoji Haruna, 2024. "Gravity for cross‐border licensing and the impact of deep trade agreements: Theory and evidence," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 57(3), pages 836-869, August.
  72. Dierk Herzer, 2010. "The Long-Run Relationship between Outward FDI and Total Factor Productivity: Evidence for Developing Countries," Ibero America Institute for Econ. Research (IAI) Discussion Papers 199, Ibero-America Institute for Economic Research.
  73. Hamid Beladi & Chi-Chur Chao, 1993. "The choice of licensing versus direct foreign investment in developing countries," Journal of Economics, Springer, vol. 58(2), pages 175-186, June.
  74. Koop, Michael J., 1997. "Trade, Foreign direct investment, and multinational enterprises in a general equilibrium model," Kiel Working Papers 833, Kiel Institute for the World Economy (IfW Kiel).
  75. Jocelyn Glass, Amy & Saggi, Kamal, 2002. "Licensing versus direct investment: implications for economic growth," Journal of International Economics, Elsevier, vol. 56(1), pages 131-153, January.
  76. Keith Maskus, 1998. "The international regulation of intellectual property," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 134(2), pages 186-208, June.
  77. Antrà s, Pol & Yeaple, Stephen R., 2014. "Multinational Firms and the Structure of International Trade," Handbook of International Economics, in: Gopinath, G. & Helpman, . & Rogoff, K. (ed.), Handbook of International Economics, edition 1, volume 4, chapter 0, pages 55-130, Elsevier.
  78. repec:hal:spmain:info:hdl:2441/10162 is not listed on IDEAS
  79. repec:hal:spmain:info:hdl:2441/c8dmi8nm4pdjkuc9g8mcgcdbi is not listed on IDEAS
  80. Jacques, Armel, 2006. "Des firmes multinationales : un survol de la littérature microéconomique," L'Actualité Economique, Société Canadienne de Science Economique, vol. 82(4), pages 643-691, décembre.
  81. Elhanan Helpman & Marc J. Melitz & Stephen R. Yeaple, 2004. "Export Versus FDI with Heterogeneous Firms," American Economic Review, American Economic Association, vol. 94(1), pages 300-316, March.
  82. Iwai, Nobuyuki & Thompson, Stanley R. & Banerjee, Priyodorshi, 2004. "Foreign Direct Investment and Education Investment in Developing Countries," Working Papers 15643, University of Florida, International Agricultural Trade and Policy Center.
  83. Edward John Ray, 1989. "The Determinants of Foreign Direct Investment in the United States, 1979-85," NBER Chapters, in: Trade Policies for International Competitiveness, pages 53-84, National Bureau of Economic Research, Inc.
  84. Naoto Jinji & Xingyuan Zhang & Shoji Haruna, 2022. "Deep Integration, Global Firms, and Technology Spillovers," Advances in Japanese Business and Economics, Springer, number 978-981-16-5210-3, June.
  85. Juan S. Blyde, 2006. "Assessing the impacts of intellectual property rights on trade flows in Latin America," INTAL Working Papers 1274, Inter-American Development Bank, INTAL.
  86. Byun, Hyung-Yoon & Wang, Yunjong, 1995. "Technology transfer and multinational corporations: The case of South Korea," Journal of Asian Economics, Elsevier, vol. 6(2), pages 201-216.
  87. Yongmin Chen & Ignatius J. Horstmann & James R. Markusen, 2012. "Physical capital, knowledge capital, and the choice between FDI and outsourcing," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 45(1), pages 1-15, February.
  88. Leung, W. -F., 1998. "A model of coexistence of international joint ventures and foreign wholly-owned subsidiaries," Japan and the World Economy, Elsevier, vol. 10(2), pages 233-252, April.
  89. Henderson, Dennis R. & Handy, Charles & Neff, Steven A., 1997. "Globalization of the Processed Foods Market," Agricultural Economic Reports 262044, United States Department of Agriculture, Economic Research Service.
  90. Jinji, Naoto & Zhang, Xingyuan & Haruna, Shoji, 2019. "Does a firm with higher Tobin’s q prefer foreign direct investment to foreign outsourcing?," The North American Journal of Economics and Finance, Elsevier, vol. 50(C).
  91. Olena Ivus & Walter Park & Kamal Saggi, 2016. "Intellectual Property Protection And The Industrial Composition Of Multinational Activity," Economic Inquiry, Western Economic Association International, vol. 54(2), pages 1068-1085, April.
  92. Jiyun Cao & Arijit Mukherjee, 2024. "Foreign Direct Investment and Technology Licensing in a Polluting Industry," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 87(9), pages 2361-2399, September.
  93. Zhao, Laixun, 2001. "Unionization, vertical markets, and the outsourcing of multinationals," Journal of International Economics, Elsevier, vol. 55(1), pages 187-202, October.
  94. Hackett, Steven C. & Srinivasan, Krishna, 1998. "Do supplier switching costs differ across Japanese and US multinational firms?," Japan and the World Economy, Elsevier, vol. 10(1), pages 13-32, January.
  95. Larry D. Qiu, 2003. "Comparing Sectoral FDI Incentives: Comparative Advantages and Market Opportunities," Annals of Economics and Finance, Society for AEF, vol. 4(1), pages 151-176, May.
  96. Smith, Pamela J., 2001. "How do foreign patent rights affect U.S. exports, affiliate sales, and licenses?," Journal of International Economics, Elsevier, vol. 55(2), pages 411-439, December.
IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.