Wholly owned subsidiary versus technology licensing in the worldwide chemical industry
Publication
, Journal Article
Arora, A; Fosfuri, A
Published in: Journal of International Business Studies
January 1, 2000
This paper empirically analyzes the determinants of the choice between wholly owned subsidiary and technology licensing as a strategy for expansion abroad. We use a new and comprehensive database on worldwide plant level investments in the chemical industry during the 1981–1991 period. We find that both cultural distance and the presence of other potential licensors favor the use of licensing as a strategy for expanding abroad, whereas, prior experience favors the choice of wholly owned subsidiary. An implication of this study is that competition in the market for technology can foster the international diffusion of technology through the use of arm's length agreements. © 2000, Academy of International Business. All rights reserved.
Duke Scholars
Published In
Journal of International Business Studies
DOI
EISSN
1478-6990
ISSN
0047-2506
Publication Date
January 1, 2000
Volume
31
Issue
4
Start / End Page
555 / 572
Related Subject Headings
- Business & Management
- 3507 Strategy, management and organisational behaviour
- 3505 Human resources and industrial relations
- 3502 Banking, finance and investment
- 1505 Marketing
- 1503 Business and Management
- 1402 Applied Economics
Citation
APA
Chicago
ICMJE
MLA
NLM
Arora, A., & Fosfuri, A. (2000). Wholly owned subsidiary versus technology licensing in the worldwide chemical industry. Journal of International Business Studies, 31(4), 555–572. https://doi.org/10.1057/palgrave.jibs.8490922
Arora, A., and A. Fosfuri. “Wholly owned subsidiary versus technology licensing in the worldwide chemical industry.” Journal of International Business Studies 31, no. 4 (January 1, 2000): 555–72. https://doi.org/10.1057/palgrave.jibs.8490922.
Arora A, Fosfuri A. Wholly owned subsidiary versus technology licensing in the worldwide chemical industry. Journal of International Business Studies. 2000 Jan 1;31(4):555–72.
Arora, A., and A. Fosfuri. “Wholly owned subsidiary versus technology licensing in the worldwide chemical industry.” Journal of International Business Studies, vol. 31, no. 4, Jan. 2000, pp. 555–72. Scopus, doi:10.1057/palgrave.jibs.8490922.
Arora A, Fosfuri A. Wholly owned subsidiary versus technology licensing in the worldwide chemical industry. Journal of International Business Studies. 2000 Jan 1;31(4):555–572.
Published In
Journal of International Business Studies
DOI
EISSN
1478-6990
ISSN
0047-2506
Publication Date
January 1, 2000
Volume
31
Issue
4
Start / End Page
555 / 572
Related Subject Headings
- Business & Management
- 3507 Strategy, management and organisational behaviour
- 3505 Human resources and industrial relations
- 3502 Banking, finance and investment
- 1505 Marketing
- 1503 Business and Management
- 1402 Applied Economics