Accéder directement au contenu Accéder directement à la navigation
Communication dans un congrès

The pace of technology transfer in anticipation of joint venture breakup

Abstract : This paper studies the properties of joint-venture relationship between a technologically advanced multinational firm and a local firm operating in a developing economy where the ability to enforce contracts is weak. We formulate a dynamic model of principal-agent relationship in which at any point of time the local firm can quit without legal penalties. An early breakup may be prevented if the multinational designs a suitable scheme in which both the pace and aggregate amount of technology transfer deviate from the first-best, and a suitable flow of side payments to encourage the local firm to stay longer.
Type de document :
Communication dans un congrès
Liste complète des métadonnées

Littérature citée [17 références]  Voir  Masquer  Télécharger

https://hal.inrae.fr/hal-02821086
Déposant : Migration Prodinra <>
Soumis le : samedi 6 juin 2020 - 18:50:55
Dernière modification le : vendredi 17 juillet 2020 - 09:04:22

Fichier

2009_Soubeyran_ESNIE_1.pdf
Fichiers produits par l'(les) auteur(s)

Identifiants

  • HAL Id : hal-02821086, version 1
  • PRODINRA : 295272

Citation

Ngo van Long, Antoine Soubeyran, Raphael Soubeyran. The pace of technology transfer in anticipation of joint venture breakup. 1. ESNIE Post-doctoral Workshop, European School on New Institutional Economics (ESNIE). FRA.; Association for Public Economic Theory (APET). USA., Apr 2009, Paris, France. 42 p. ⟨hal-02821086⟩

Partager

Métriques

Consultations de la notice

9

Téléchargements de fichiers

10