研討日期

2004年6月26日上午10:00 ~ 13:00

研討地點

台大社會科學院第二教室

討論文獻

題目

作者

文獻出處

Licensing versus direct investment: implications for economic growth

Amy Jocelyn Glass, Kamal Saggi

Journal of International Economics 56 (2002)

報告人

蔡爵丞

參加人員

黃鴻、林燕淑、楊雅博、吳世傑、梁文榮、陳更生、王光正、蔡宗秀、陳宏易、許淑女英、郭子綾、蔡爵丞、陳秀華、王胤杰

討論提要

This paper develops a symmetric two country model of foreign direct investment (FDI) that captures the internalization decision and its implications for both the rate and magnitude of innovations. When mode choice (licensing versus FDI) is fixed, a subsidy to multinational production increases the rate but decreases the size of innovations. When mode can switch, the rate and size of innovations both increase, provided the subsidy is not too large. Although innovation size increases for industries where firms already were choosing FDI, innovation size increases for industries where firms switch from licensing to FDI because multinationals choose larger innovations than licensor.

延伸研究

The motivation of innovation in this model is passive: firms innovate only when their products are dropped out of market. This is not consistent with real phenomenon. So the probable extension is that switching the motivation from passive phase to positive phase.

備註