TY  - JOUR
AU  - Blomstrom,Magnus
AU  - Zejan,Mario
TI  - Why Do Multinational Firms Seek Out Joint Ventures?
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 2987
PY  - 1991
Y2  - October 1991
UR  - http://www.nber.org/papers/w2987
L1  - http://www.nber.org/papers/w2987.pdf
N1  - Author contact info:
Magnus Blomstrom
European Institute of Japanese Studies
Stockholm School of Economics
Post Office Box 6501, Sveavagen 65
S-113 83 Stockholm
 SWEDEN
Tel: 46-8-7369265
Fax: 46-8-313017
E-Mail: magnus.blomstrom@gmail.com

Mario Zejan
AB  - This paper uses a model of dichotomous choice to distinguish the characteristics of Swedish multinational firms that seek out joint ventures from those that do not. The findings suggest that firms with little experience of foreign production and highly diversified product lines are the most likely to share equity. In general, it is found that multinational firms that have the most to offer the developing countries are reluctant to enter into joint venture agreements. Therefore, imposing joint-venture status on multinationals may prevent the inflow of advanced technologies.
ER  -