Suchergebnisse
Filter
27 Ergebnisse
Sortierung:
International trade and distortions in factor markets
In: Business economics and finance 6
Bioeconomics and the survival model: The economic lessons of evolutionary biology
In: Public choice, Band 77, Heft 1, S. 117-132
ISSN: 1573-7101
The Appropriability Theory of the Multinational Corporation
In: The annals of the American Academy of Political and Social Science, Band 458, Heft 1, S. 123-135
ISSN: 1552-3349
The appropriability theory of the multinational corporation emphasizes the conflict between innovators and emulators of new technologies. Appropriability is "high," and innovators can protect their profits more easily for sophisticated technologies and on breakthroughs that can be transmitted worldwide through the innovator's own subsidiaries. Conversely, appropriability is "low," and multinationals find it less profitable to create simple technologies and ideas that require market transfer. This theory explains the limited role multinationals have played in the development of simple products and simple production technologies, both of which are important to the developing countries. The appropriability theory also predicts that products in Vernon's product cycle will move to stage II when developed countries start successful emulation of the product and to stage III when developing countries start successful emulation. The profit-maximizing price strategy an innovating multinational should follow is to sell new products at below the monopoly price and slowly cut the price of the product as appropriability mechanisms erode. In the long run, the multinational will be forced to sell at the perfectly competitive price. If the multinational has no long-run profit advantage over other producers, its long-run market shares should approach zero as the perfectly competitive price is approached.
The eurocurrency market
In: Journal of international economics, Band 10, Heft 1, S. 129-133
ISSN: 0022-1996
Jamaica and the par-value system
In: Journal of international economics, Band 10, Heft 1, S. 129-133
ISSN: 0022-1996
Growth, distortions and patterns of trade among many countries
In: Journal of international economics, Band 10, Heft 1, S. 129-133
ISSN: 0022-1996
The presentation of the U.S. balance of payments: A symposium
In: Journal of international economics, Band 10, Heft 1, S. 129-133
ISSN: 0022-1996
The D-Mark in the conflict between internal and external equilibrium
In: Journal of international economics, Band 10, Heft 1, S. 129-133
ISSN: 0022-1996
Sustaining the international economic system: Issues for U.S. policy
In: Journal of international economics, Band 10, Heft 1, S. 129-133
ISSN: 0022-1996
Exchange-rate stabilization in the mid-1930's: Negotiating the tripartite agreement
In: Journal of international economics, Band 10, Heft 1, S. 129-133
ISSN: 0022-1996
'Two-Ness' in trade theory: Costs and benefits
In: Journal of international economics, Band 10, Heft 1, S. 129-133
ISSN: 0022-1996
Leaning against the wind: A standard for managed floating
In: Journal of international economics, Band 10, Heft 1, S. 129-133
ISSN: 0022-1996
Money, balance-of-payments theory, and the international monetary problem
In: Journal of international economics, Band 10, Heft 1, S. 129-133
ISSN: 0022-1996