New Forms of International Industrial Co-operation

Peter J. Buckley

Chapter 3 in The Economic Theory of the Multinational Enterprise, 1985, pp 39-59 from Palgrave Macmillan

Abstract: Abstract 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’.

Keywords: Host Country; Joint Venturis; Absorptive Capacity; Foreign Firm; Multinational Enterprise (search for similar items in EconPapers)
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-05242-4_3

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DOI: 10.1007/978-1-349-05242-4_3

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