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In recent decades, a large and increasing number of leading firms in a diverse set of industries have faced allegations of ‘unethical' practices along their international value chains. In many cases this has triggered consumer boycotts and NGO campaigns, introducing a new link between upstream...
Persistent link: https://www.econbiz.de/10012852396
According to conventional wisdom, multinational firms undertake vertical FDI in order to take advantage of cross-border factor cost differences and source the inputs from abroad at better terms. Recent empirical findings though document that this is not always the case. We provide theoretical...
Persistent link: https://www.econbiz.de/10012977204
This paper studies international joint ventures, where foreign direct investment is performed by a foreign and a domestic firm that together set up a new firm, the joint venture. Employing administrative data on all international joint ventures in China from 1998 to 2007—roughly a quarter of...
Persistent link: https://www.econbiz.de/10012915082
We investigate the link between productivity of firms and their sourcing behavior. Following Antràs & Helpman (2004) we distinguish between domestic and foreign sourcing, as well as between outsourcing and vertical integration. A firm's choice is driven by a hold-up problem caused by lack of...
Persistent link: https://www.econbiz.de/10013149002
(2004). This model invokes the property rights theory of the firm in order to pin down firm boundaries as the outcome of an …
Persistent link: https://www.econbiz.de/10013028794
in line with the predictions of our theory. In particular, we find that the share of short-term collaborations is higher …
Persistent link: https://www.econbiz.de/10012930079
This paper considers the effect of acquisition FDI on the knowledge production function. We distinguish between acquisitions by MNEs from technologically leading countries and those behind the technological frontier. We show that both acquire similarly R&D intensive domestic firms, but there are...
Persistent link: https://www.econbiz.de/10013315933
in FDI decisions have been provided for goods manufacturing by utilizing physical distance-based measures of trade costs …. This paper investigates spatial interactions for services FDI using several distance measures, including physical distance …, genetic distance, and transport time. Across different measures of distance, the traditional determinants of outbound FDI …
Persistent link: https://www.econbiz.de/10013315967
present evidence of a trade-off between distance to the headquarters and the knowledge intensity of the foreign subsidiary … intensity and distance trade-off weakening when a non-stop flight exists between the headquarters and the foreign subsidiary …
Persistent link: https://www.econbiz.de/10012913272
. However, the impact of distance is dependent on the type of investment (production or service). While within-firm co …
Persistent link: https://www.econbiz.de/10013316109