Foreign Direct Investment, Ownership, and the Transfer of Technology
Book Details
Format
Paperback / Softback
ISBN-10
3631525583
ISBN-13
9783631525586
Publisher
Peter Lang GmbH
Imprint
Peter Lang GmbH
Country of Manufacture
DE
Country of Publication
GB
Publication Date
Aug 10th, 2004
Print length
164 Pages
Weight
224 grams
Dimensions
15.10 x 21.00 x 1.20 cms
Ksh 8,750.00
Manufactured on Demand
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Using a survey of more than 1000 German investment projects in Central and Eastern Europe, this study analyses the strategies of international joint ventures. Their risks and, in particular, their innovative potential is investigated. As a statistical tool for the analysis of share equations the conditional Tobit model is introduced. The theoretical base is a continuous time, full information model of a joint venture. Surprisingly, sufficient and necessary conditions for joint venture instability and technology transfer can be derived. The survey is used to apply the introduced concepts and to demonstrate the validity of the approach empirically.
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