Technology Transfer and Spillovers in International Joint Ventures

Thomas Müller and Monika Schnitzer ()

Discussion Papers in Economics from University of Munich, Department of Economics

Abstract: This paper analyzes the effects of a potential spillover on technology transfer of a multinational enterprise and on the host country policy. In particular, we examine how both parties' incentives can be controlled through the ownership structure in an international joint venture. In contrast to existing arguments we show that spillovers must not always have negative effects on technology transfer and they may be efficiency improving. Moreover, there are circumstances where a joint venture is mutually beneficial. Surprisingly, however, we find that despite the prospect of spillovers a joint venture is sometimes not in the interest of a host country.

Keywords: Foreign Direct Investment; Joint Venutres; Ownership Structure; Multinational Enterprise; Spillovers; Transition Economics (search for similar items in EconPapers)
JEL-codes: D43 F21 F23 L13 O12 P31 (search for similar items in EconPapers)
Date: 2003-09
New Economics Papers: this item is included in nep-dev and nep-ino
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https://epub.ub.uni-muenchen.de/93/1/spillover.pdf (application/pdf)

Related works:
Journal Article: Technology transfer and spillovers in international joint ventures (2006)
Working Paper: Technology transfer and spillovers in international joint ventures (2006)
Working Paper: Technology Transfer and Spillovers in International Joint Ventures (2005)
Working Paper: Technology Transfer and Spillovers in International Joint Ventures (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:lmu:muenec:93

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