Please use this identifier to cite or link to this item:
https://ah.lib.nccu.edu.tw/handle/140.119/61862
DC Field | Value | Language |
---|---|---|
dc.contributor | 國貿系 | en_US |
dc.creator | 陳坤銘 | zh_TW |
dc.creator | Yokota, Kazuhiko ; Chen, Kung-Ming | - |
dc.date | 2011.02 | en_US |
dc.date.accessioned | 2013-11-26T07:41:31Z | - |
dc.date.available | 2013-11-26T07:41:31Z | - |
dc.date.issued | 2013-11-26T07:41:31Z | - |
dc.identifier.uri | http://nccur.lib.nccu.edu.tw/handle/140.119/61862 | - |
dc.description.abstract | This paper presents a three-stage game to model the entry behavior of amultinational\r\nfirm in the presence of R&D spillovers. The multinational firm’s entry mode choice –\r\nthat is, to invest to set up a new plant or merge with a local firm – is a function of the\r\nmagnitude of spillovers, as well as the relative cost of greenfield investment, and mergers\r\nand acquisitions (M&A). Our model shows that if there exist relatively high R&D leakages\r\nand relatively small difference in cost between M&A and greenfield investment, an R&Dintensive\r\nforeign firm tends to choose greenfield investment rather than M&A, while if there\r\nexist relatively low R&D leakages, the foreign firm is more likely to choose M&A rather\r\nthan greenfield investment. It is also shown that the size of social welfare of the host country\r\ndepends on the degree of R&D spillovers. These results produce strong implications for\r\nantitrust policy for particularly developing countries. | - |
dc.format.extent | 502685 bytes | - |
dc.format.mimetype | application/pdf | - |
dc.language.iso | en_US | - |
dc.relation | International Economic Journal, 26(2), 265-280 | en_US |
dc.subject | oreign direct investment; R&D spillover; merger and acquisitions; greenfield investment | - |
dc.title | R&D Spillovers and Foreign Market Entry: Acquisition vs. Greenfield Investment | en_US |
dc.type | article | en |
dc.identifier.doi | 10.1080/10168737.2012.688519 | en_US |
dc.doi.uri | http://dx.doi.org/10.1080/10168737.2012.688519 | en_US |
item.languageiso639-1 | en_US | - |
item.fulltext | With Fulltext | - |
item.grantfulltext | restricted | - |
item.cerifentitytype | Publications | - |
item.openairetype | article | - |
item.openairecristype | http://purl.org/coar/resource_type/c_18cf | - |
Appears in Collections: | 期刊論文 |
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265280.pdf | 490.9 kB | Adobe PDF2 | View/Open |
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