Πλοήγηση ανά Συγγραφέα "Sachtachtinskagia, Sabina"

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Essays on technology transfer and vertical relations in markets
(2019-06-06) Sachtachtinskagia, Sabina; Σαχταχτίνσκαγια, Σαμπίνα; Athens University of Economics and Business, Department of Economics; Katsoulakos, Ioannis; Gatsios, Konstantinos; Louri, Eleni; Zacharias, Eleftherios; Genakos, Christos; Milliou, Chrysovalantou; Vettas, Nikolaos
This thesis examines issues related to vertical contracting and to the transfer of technology between upstream and downstream firms. A central motivating example for its first three chapters is a setting where a multi-national enterprise (MNE) operates in a developing country. Such a firm, as the inventor or intellectual property rights owner, considers the transfer or licensing of technology to a firm operating in the downstream local market. Often this takes place in environments where protection of intellectual property rights is imperfect. Such a setting is of particular interest given developments that have recently led to frictions in trade between the USA and China. The present research contributes towards an understanding of how much technology will be transferred by MNEs to the local firms under imperfect property rights protection. An important part of our focus is on if the MNE will choose to transfer technology to more than one downstream firms, simultaneously or sequentially, so that competition between them may help to diminish the moral hazard risks. We approach these questions by creating dynamic models for technology transfer, with endogenously formed market structure, and we examine the equilibrium technology transfer and competition in both Cournot and Bertrand markets.