Corporate control, foreign ownership regulations and technology transfer

Jota Ishikawa, Yoichi Sugita, Laixun Zhao

Research output: Contribution to journalArticlepeer-review


Multinationals are often required to form joint ventures (JVs) with local firms when entering the host country market. Explicitly taking corporate control into account, we explore the relationship between technology transfer and foreign ownership regulation in the presence of technology spillovers from JVs to local firms. It is shown that foreign ownership regulations may facilitate both technology transfer and spillovers when the multinational has corporate control. Under corporate control by the local partner firm, however, such regulations may hamper technology transfer.

Original languageEnglish
Pages (from-to)197-209
Number of pages13
JournalEconomic Record
Issue number269
Publication statusPublished - 2009
Externally publishedYes

ASJC Scopus subject areas

  • Economics and Econometrics


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