A Tale of Three Countries: Italian, Spanish and Swiss Manufacturing Operations in China

Valeria Gattai

No 2006.150, Working Papers from Fondazione Eni Enrico Mattei

Abstract: In this paper we investigate the choice of FDI versus joint-venture, made by Italian, Spanish and Swiss multinationals in China, as shaped by the risk of Dissipation of Intangible Assets. Probit estimates, based on an entirely new firm-level dataset, constructed by the author, show that FDI is more likely to emerge when know-how easily spills over - namely for firms endowed with more Intangible Assets or belonging to high tech sectors - in line with the theoretical expectations.

Keywords: Intangible Assets; Internalisation; FDI; Joint-venture; China (search for similar items in EconPapers)
JEL-codes: C25 F23 O53 (search for similar items in EconPapers)
Date: 2006-12
New Economics Papers: this item is included in nep-bec, nep-cna, nep-dev and nep-sea
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Journal Article: A Tale of Three Countries: Italian, Spanish and Swiss Manufacturing Operations in China (2008)
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Persistent link: https://EconPapers.repec.org/RePEc:fem:femwpa:2006.150

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