Risk and the Technology Content of FDI: A Dynamic Model

This paper incorporates risk into the FDI decisions of firms. The risk of FDI failure increases with the gap between the South's technology frontier and the technology complexity of a firm's product. This leads to a double-crossing sorting pattern of FDI firms of intermediate technology le...

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Bibliographic Details
Main Authors: CHANG, Pao Li, LU, Chia-Hui
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2011
Subjects:
Online Access:https://ink.library.smu.edu.sg/soe_research/1298
https://ink.library.smu.edu.sg/context/soe_research/article/2297/viewcontent/FDI_Technology_WP.pdf
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Institution: Singapore Management University
Language: English