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The Structuring of Interfirm Exchanges in Business Know-How: Evidence from International Collaborative Ventures

Year: 1997

Type: article

Abstract: This study investigates the effect of transaction cost considerations on the apportionment of residual bearing, and the assignment of managerial control between two firms involved in the exchange of business know-how. Data were collected from contractual agreements between multinational enterprises and indigenous firms that formed collaborative ventures in developing countries. A simultaneous-equation model was employed to test hypotheses that were derived under a theoretical framework based on the new institutional economics. The empirical results are supportive of the hypotheses. © 1997 John Wiley & Sons, Ltd.

Source: Managerial and Decision Economics

DOI: 10.1002/(sici)1099-1468(199706)18:4<279::aid-mde826>3.0.co;2-s

Authors: Tailan Chi, Thomas W. Roehl

Institutions: University of Wisconsin–Milwaukee, University of Illinois Urbana-Champaign

Language: English

Topic: International Business and FDI

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2103603466

FWCI: 3.598

Cites: 38

Cited by: 36

Related to: 10