TIME-COST TRADEOFFS: ELASTICITY ESTIMATES AND DETERMINANTS FOR INTERNATIONAL TECHNOLOGY TRANSFER PROJECTS

David Teece

Chapter 2 in The Transfer and Licensing of Know-How and Intellectual Property:Understanding the Multinational Enterprise in the Modern World, 2008, pp 23-30 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThis paper postulates and tests for a time-cost tradeoff during the establishment of manufacturing plants abroad based on U.S. technology. Data on twenty international projects are used to estimate negatively sloped tradeoff functions for which time-cost elasticities are subsequently calculated. The determinants of these elasticities are then analyzed and shown to bear some similarities with the determinants of time-cost tradeoffs in technological innovation. The elasticity measurements were higher for projects where the technology had not been previously commercialized, for large-scale projects, and for projects carried out by the larger firms.

Keywords: Technology Transfer; Royalties; Licensing; Cross Licensing; Intellectual Property; Multinational Enterprise; Research and Development; Foreign Investment (search for similar items in EconPapers)
Date: 2008
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Related works:
Journal Article: Time-Cost Tradeoffs: Elasticity Estimates and Determinants for International Technology Transfer Projects (1977)
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