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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| Main Authors: | , |
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| Format: | text |
| Language: | English |
| Published: |
Institutional Knowledge at Singapore Management University
2012
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| Subjects: | |
| Online Access: | https://ink.library.smu.edu.sg/soe_research/1441 https://ink.library.smu.edu.sg/context/soe_research/article/2440/viewcontent/Risk_and_the_Technology_Content_of_FDI_pp.pdf |
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| Institution: | Singapore Management University |
| Language: | English |