Date of This Version
January 2007
Abstract
In this paper we investigate the choice of FDI versus joint-venture, 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 FDI 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 line with the theoretical expectations.
Recommended Citation
Gattai, Valeria , "A Tale of Three Countries: Italian, Spanish and Swiss Manufacturing Operations in China" (January 16, 2007). Fondazione Eni Enrico Mattei Working Papers. Paper 78.
https://services.bepress.com/feem/paper78
COinS