HOME    Nuar Information    mypage        Japanese    Feedback

新潟大学学術リポジトリ Nuar >
040 経済学部 = Faculty of Economics >
99 その他 = Others >
10 Working Papers >


Files in This Item:

File Description SizeFormat
9_0005.pdf4348KbAdobe PDF
Title :Investment strategy for a multinational enterprise : R&D investment and foreign direct investment
Authors :Serizawa, Nobuko
Issue Date :Mar-2005
Journal Title :Working Papers
Volume :50
Start Page :1
End Page :20
Description :This paper analyzes how the investment strategies chosen by a multinational enterprise inter-relate each other when it is constrained to budged in investing inward and outward in an oligopolistic market. I assume that if a multinational enterprise increases in inward cost-reducing R&D investment, then the residual resource necessary for outward foreign direct investment will be reduced. It is shown that whether firms' R&D investments are strategic substitutes or strategic complements are endogenously determined depending on how much a multinational invests in R&D. The way how the initial technology gap between a multinational and firms of the host country is affected by the host country's trade policy is also considered.
Type Local :プレプリント
Language :eng
URI :http://hdl.handle.net/10191/595
fullTextURL :http://dspace.lib.niigata-u.ac.jp/dspace/bitstream/10191/595/1/9_0005.pdf
Rights :新潟大学経済学部
Appears in Collections:10 Working Papers

Please use this identifier to cite or link to this item: http://hdl.handle.net/10191/595