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International technology transfer with an information asymmetry and endogenous research and development

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  • Wright, Donald J.

Abstract

This paper develops a partial equilibrium monopoly model of international technology transfer in which both the extent of technological change and the mode of technology transfer are endogenous. The model is then used to analyse the welfare effects of various policies that are often recommended or enacted in practice. In general the welfare effects are ambiguous as they depend on the parameters of the model; nevertheless, this paper outlines welfare effects that have not been formalised previously and which are important in any proper analysis of policy regarding international technology transfer.
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  • Wright, Donald J., 1993. "International technology transfer with an information asymmetry and endogenous research and development," Journal of International Economics, Elsevier, vol. 35(1-2), pages 47-67, August.
    • Handle: RePEc:eee:inecon:v:35:y:1993:i:1-2:p:47-67
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    Cited by:

    1. Mottner, Sandra & Johnson, James P., 2000. "Motivations and risks in international licensing: a review and implications for licensing to transitional and emerging economies," Journal of World Business, Elsevier, vol. 35(2), pages 171-188, July.
    2. Harry Huizinga, 1995. "Taxation and the Transfer of Technology by Multinational Firms," Canadian Journal of Economics, Canadian Economics Association, vol. 28(3), pages 648-655, August.
    3. Jocelyn Glass, Amy & Saggi, Kamal, 2002. "Licensing versus direct investment: implications for economic growth," Journal of International Economics, Elsevier, vol. 56(1), pages 131-153, January.
    4. Amy Glass & Kamal Saggi, 1999. "The Dynamic Impact of Internalization Advantage," Working Papers 99-04, Ohio State University, Department of Economics.
    5. Fosfuri, Andrea, 2000. "Patent protection, imitation and the mode of technology transfer," International Journal of Industrial Organization, Elsevier, vol. 18(7), pages 1129-1149, October.
    6. Arora, Ashish & Gambardella, Alfonso, 1999. "Markets for technology (why do we see them, why don't we see more of them and why we should care)," DEE - Working Papers. Business Economics. WB 6520, Universidad Carlos III de Madrid. Departamento de Economía de la Empresa.

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