研討日期

2009年2月2日上午10:30 ~ 13:00

研討地點

嘉義大學新民校區（新民路580號）D01-513研討室

討論文獻

題目

作者

文獻出處

Optimal Entry Mode and Technology Transfer of FDI with Differentiated Products

Working paper

報告人

Ho-Chyuan Chen

參加人員

黃鴻、陳和全、林燕淑、楊雅博、潘志民、吳世傑、林億明、許淑媖、彭正浩、蔡明芳、王佳琪、 涂光億、曾靜枝、林晏如、鍾嘒陵

討論提要

Foreign direct investment (FDI) can take place either through the direct entry mode or the acquisition mode. The choice of which mode is used is certainly affected by the degree of product differentiation. This paper employs a three-stage game to analyze the effect of product differentiation to the foreign firm’s technology transfer and entry mode. It shows that, when the foreign firm introduces less differentiated products, the probability of following phenomenon increases: (1) acquisition induces less technology transfer than the direct-entry, (2) acquisition becomes the equilibrium entry mode, (3) the equilibrium entry mode induces less technology transfer and create less host welfare (than the off-equilibrium mode), and (4) direct entry leads to higher host welfare (than acquisition mode). Moreover, the probability for both the foreign firm and the government to prefer an identical entry mode is relatively small.

結論