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A Tale of Three Countries: Italian, Spanish and Swiss Manufacturing Operations in China

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  • Gattai, Valeria

Abstract

In this paper we investigate the choice of FDI versus joint-venture, made by Italian, Spanish and Swiss multinationals in China, as shaped by the risk of Dissipation of Intangible Assets. Probit estimates, based on an entirely new firm-level dataset, constructed by the author, show that FDI is more likely to emerge when know-how easily spills over - namely for firms endowed with more Intangible Assets or belonging to high tech sectors - in line with the theoretical expectations.

Suggested Citation

  • Gattai, Valeria, 2006. "A Tale of Three Countries: Italian, Spanish and Swiss Manufacturing Operations in China," Knowledge, Technology, Human Capital Working Papers 12104, Fondazione Eni Enrico Mattei (FEEM).
    • Handle: RePEc:ags:feemkt:12104
    DOI: 10.22004/ag.econ.12104
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    References listed on IDEAS

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