Contractual Relations, Foreign Direct Investment, and Technology Transfer: The Case of China

Contractual Relations, Foreign Direct Investment, and Technology Transfer: The Case of China

This paper discusses in terms of transactions costs how foreign investors choose contractual forms. It argues that the unusually wide choice of contracts available in China can be shown roughly to correspond to varying degrees of within-firm governance. Other factors, particularly locational choice...

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Main Authors: LEUNG, Hing-Man, THOBURN, John T., CHAU, Esther, TANG, S. H.
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 1991
Subjects:
Asian Studies
Economics
International Economics
Online Access:https://ink.library.smu.edu.sg/soe_research/408
https://doi.org/10.1002/jid.4010030307
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Institution: Singapore Management University
Language: English
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spelling sg-smu-ink.soe_research-14072019-04-10T03:01:54Z Contractual Relations, Foreign Direct Investment, and Technology Transfer: The Case of China LEUNG, Hing-Man THOBURN, John T. CHAU, Esther TANG, S. H. This paper discusses in terms of transactions costs how foreign investors choose contractual forms. It argues that the unusually wide choice of contracts available in China can be shown roughly to correspond to varying degrees of within-firm governance. Other factors, particularly locational choice within China, contribute to reducing the scope for opportunism on the part of the host country where a well-enforced legal framework is lacking. Technology transfer is rendered more complex by the importance of team organization in the technology on offer from firms from Hong Kong, the largest foreign investor. 1991-06-01T07:00:00Z text https://ink.library.smu.edu.sg/soe_research/408 info:doi/10.1002/jid.4010030307 https://doi.org/10.1002/jid.4010030307 Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University Asian Studies Economics International Economics
institution Singapore Management University
building SMU Libraries
continent Asia
country Singapore
Singapore
content_provider SMU Libraries
collection InK@SMU
language English
topic Asian Studies
Economics
International Economics
spellingShingle Asian Studies
Economics
International Economics
LEUNG, Hing-Man
THOBURN, John T.
CHAU, Esther
TANG, S. H.
Contractual Relations, Foreign Direct Investment, and Technology Transfer: The Case of China
description This paper discusses in terms of transactions costs how foreign investors choose contractual forms. It argues that the unusually wide choice of contracts available in China can be shown roughly to correspond to varying degrees of within-firm governance. Other factors, particularly locational choice within China, contribute to reducing the scope for opportunism on the part of the host country where a well-enforced legal framework is lacking. Technology transfer is rendered more complex by the importance of team organization in the technology on offer from firms from Hong Kong, the largest foreign investor.
format text
author LEUNG, Hing-Man
THOBURN, John T.
CHAU, Esther
TANG, S. H.
author_facet LEUNG, Hing-Man
THOBURN, John T.
CHAU, Esther
TANG, S. H.
author_sort LEUNG, Hing-Man
title Contractual Relations, Foreign Direct Investment, and Technology Transfer: The Case of China
title_short Contractual Relations, Foreign Direct Investment, and Technology Transfer: The Case of China
title_full Contractual Relations, Foreign Direct Investment, and Technology Transfer: The Case of China
title_fullStr Contractual Relations, Foreign Direct Investment, and Technology Transfer: The Case of China
title_full_unstemmed Contractual Relations, Foreign Direct Investment, and Technology Transfer: The Case of China
title_sort contractual relations, foreign direct investment, and technology transfer: the case of china
publisher Institutional Knowledge at Singapore Management University
publishDate 1991
url https://ink.library.smu.edu.sg/soe_research/408
https://doi.org/10.1002/jid.4010030307
_version_ 1770569153521909760

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