In this paper we investigate the choice of Joint-Venture versus Wholly Foreign-Owned Enterprise (WFOE), made by Italian, Spanish and Swiss multinationals in China, as shaped by the risk of Dissipation of Intangible Assets. Probit estimates, based on an entirely new firm-level dataset, constructed by the author, show that WFOE is more likely to emerge when know-how easily spills over - namely for firms endowed with more Intangible Assets or belonging to high tech sectors - in lines with the theoretical expectations.
Gattai, V. (2008). A Tale of Three Countries: Italian, Spanish and Swiss Manufacturing Operations in China. WORLD ECONOMY, 31(8), 969-992 [10.1111/j.1467-9701.2008.01111.x].
Citazione: | Gattai, V. (2008). A Tale of Three Countries: Italian, Spanish and Swiss Manufacturing Operations in China. WORLD ECONOMY, 31(8), 969-992 [10.1111/j.1467-9701.2008.01111.x]. | |
Tipo: | Articolo in rivista - Articolo scientifico | |
Carattere della pubblicazione: | Scientifica | |
Titolo: | A Tale of Three Countries: Italian, Spanish and Swiss Manufacturing Operations in China | |
Autori: | Gattai, V | |
Autori: | ||
Data di pubblicazione: | 2008 | |
Lingua: | English | |
Rivista: | WORLD ECONOMY | |
Digital Object Identifier (DOI): | http://dx.doi.org/10.1111/j.1467-9701.2008.01111.x | |
Appare nelle tipologie: | 01 - Articolo su rivista |