| dc.contributor | 國貿系 | en_US |
| dc.creator (作者) | 陳坤銘 | zh_TW |
| dc.creator (作者) | Yokota, Kazuhiko ; Chen, Kung-Ming | - |
| dc.date (日期) | 2011.02 | en_US |
| dc.date.accessioned | 26-Nov-2013 15:41:31 (UTC+8) | - |
| dc.date.available | 26-Nov-2013 15:41:31 (UTC+8) | - |
| dc.date.issued (上傳時間) | 26-Nov-2013 15:41:31 (UTC+8) | - |
| dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/61862 | - |
| dc.description.abstract (摘要) | This paper presents a three-stage game to model the entry behavior of amultinational firm in the presence of R&D spillovers. The multinational firm’s entry mode choice – that is, to invest to set up a new plant or merge with a local firm – is a function of the magnitude of spillovers, as well as the relative cost of greenfield investment, and mergers and acquisitions (M&A). Our model shows that if there exist relatively high R&D leakages and relatively small difference in cost between M&A and greenfield investment, an R&Dintensive foreign firm tends to choose greenfield investment rather than M&A, while if there exist relatively low R&D leakages, the foreign firm is more likely to choose M&A rather than greenfield investment. It is also shown that the size of social welfare of the host country depends on the degree of R&D spillovers. These results produce strong implications for antitrust policy for particularly developing countries. | - |
| dc.format.extent | 502685 bytes | - |
| dc.format.mimetype | application/pdf | - |
| dc.language.iso | en_US | - |
| dc.relation (關聯) | International Economic Journal, 26(2), 265-280 | en_US |
| dc.subject (關鍵詞) | oreign direct investment; R&D spillover; merger and acquisitions; greenfield investment | - |
| dc.title (題名) | R&D Spillovers and Foreign Market Entry: Acquisition vs. Greenfield Investment | en_US |
| dc.type (資料類型) | article | en |
| dc.identifier.doi (DOI) | 10.1080/10168737.2012.688519 | en_US |
| dc.doi.uri (DOI) | http://dx.doi.org/10.1080/10168737.2012.688519 | en_US |
