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Technological asymmetry among foreign investors and mode of entry.

Abstract:

How does the preferred entry mode of foreign investors depend on their technological capability relative to that of their rivals? This article develops a simple model of entry mode choice and evaluates its main testable implication using data on foreign investors in Eastern European countries and the successor states of the Soviet Union. The model considers competition between two asymmetric foreign investors and captures the following trade-off: while a joint venture (JV) helps a foreign inv...

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Files:
Publisher copy:
10.1111/j.1465-7295.2009.00250.x

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Publisher:
Western Economic Association
Journal:
Economic Inquiry
Volume:
48
Issue:
2
Pages:
415 - 433
Publication date:
2010-01-01
DOI:
ISSN:
0095-2583
Language:
English
UUID:
uuid:47876e90-0bd5-4897-b45b-d3d71c3be3cc
Local pid:
oai:economics.ouls.ox.ac.uk:14766
Deposit date:
2011-08-16

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