In this paper, we consider models that describe foreign firms' and host countries' decisions on foreign direct investment (FDI) when host country product markets are characterized by certain types of market structures. We show that, under certain conditions, the host country and foreign parent...

Management and protection of proprietary intangible assets, such as technology and management skills, are important for firms considering international expansion via joint ventures. Joint venture partners have incentives to appropriate intangible property. Also, many governments have instituted...