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oai:niigata-u.repo.nii.ac.jp:00033187
2022-12-15T04:03:25Z
163:444:1866:1869
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Investment strategy for a multinational enterprise : R&D investment and foreign direct investment
Investment strategy for a multinational enterprise : R&D investment and foreign direct investment
Serizawa, Nobuko
新潟大学経済学部
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.
2005-03
eng
technical report
http://hdl.handle.net/10191/595
https://niigata-u.repo.nii.ac.jp/records/33187
Working Papers
Working Papers
50
1
20
https://niigata-u.repo.nii.ac.jp/record/33187/files/9_0005.pdf
application/pdf
4.5 MB
2019-09-10