Mattoo, Aaditya; Olarreaga, Marcelo; Saggi, Kamal - Economics Research, World Bank Group - 2001
respect to these two modes of foreign direct investment in the presence of costly technology transfer. The tradeoff between …Foreign direct investment can take place through the direct entry of foreign firms or the acquisition of existing … technology transfer and market competition emerges as a key determinant of preferences. The authors identify the circumstances in …