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

• 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
• Institution: Singapore Management University

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...