TY  - GEN
AB  - In this paper, we analyze optimal foreign direct investment of a firm which
operates in a duopolistic market. We characterize a technology spillover threshold
and show that for an intensity of spillovers below this threshold, there is a unique
locally asymptotic stable steady state with a positive capital stock in the developing
country. Furthermore, we characterize how optimal foreign investment patterns
and the investor’s value function depend on the level of technology transferred
and characterize the optimal level to be used for the foreign direct investment.
DA  - 2014
DO  - 10.4119/unibi/2915533
KW  - Foreign direct investment
KW  - technology spillovers
KW  - optimal control
LA  - eng
PY  - 2014
SN  - 2196-2723
SP  - 26-
TI  - Foreign direct investment with endogenous technology choice
UR  - https://nbn-resolving.org/urn:nbn:de:0070-pub-29155336
Y2  - 2024-11-22T05:46:51
ER  -