文章基本信息

标题：Multinationals' mode of entry with presence of vertical spillovers
本地全文：下载
作者：Ragnhild Balsvik
期刊名称：Discussion Papers / Norwegian School of Economics and Business Administration
印刷版ISSN：0804-6824
出版年度：2004
卷号：2004
出版社：Bergen
摘要：Multinationals’ mode of foreign expansion may depend on whether or not they expect technological externalities or spillovers to generate new competition. Existing models where ex-post spillovers affect the ex-ante entry choice usually study the choice between exporting and FDI with horizontal spillovers. I consider a monopoly firm with a vertical production structure that has four possible modes of entry, one of which includes outsourcing of intermediate input production to a host county firm. Technological spillovers in this model are vertical, generating threat of entry of a new intermediate input producer. When outsourcing contracts are incomplete, vertical spillovers that generate threat of entry upstream do not necessarily benefit the multinational in the downstream market.
关键词：Multinational firms, Vertical spillovers, Outsourcing, Incomplete contracts, Mode of entry