Global digital platforms, technology transfer and foreign direct investment policies in two‐sided markets.

This paper examines the preferences of a foreign firm and a host country government over two modes of FDI in two‐sided markets: de novo entry (through the establishment of a new platform) and acquisition of the domestic incumbent platform. Technology transfer, cross‐side network externalities and pl...

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Publicado en:Economic Inquiry Vol. 61; no. 3; pp. 584 - 605
Autores principales: Klimenko, Mikhail, Qu, Jingwen
Formato: Artículo
Publicado: Wiley-Blackwell Jul2023
Materias:
Acceso en línea:Ver este registro en EBSCOhost
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        atl: Global digital platforms, technology transfer and foreign direct investment policies in two‐sided markets.
      aug:
        au:
          Klimenko, Mikhail
          Qu, Jingwen
        affil: School of Economics, Georgia Institute of Technology, Atlanta Georgia, , USA
      su:
        Technology transfer
        Foreign investments
        Investment policy
        Digital technology
      sug:
        subj:
          Technology transfer
          International Trade Financing
          Foreign investments
          Investment policy
          Digital technology
      keyword:
        e‐commerce
        foreign direct investments
        on‐line international trade
        two‐sided markets
        e‐commerce
        foreign direct investments
        on‐line international trade
        two‐sided markets
      ab: This paper examines the preferences of a foreign firm and a host country government over two modes of FDI in two‐sided markets: de novo entry (through the establishment of a new platform) and acquisition of the domestic incumbent platform. Technology transfer, cross‐side network externalities and platform service differentiation determine the ranking of the host country welfare gains and the entrant's profits under the two entry modes. In the case where the foreign entrant and the host government disagree over the entry modes ranking, asymmetric foreign equity restrictions can induce the welfare‐optimal choice of the entry mode by the foreign firm.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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