国际投资C1-3课件.pptVIP

I = Internalization Advantages Internalization advantages address the HOW question [how go abroad?]. The MNE has various choices of entry mode, ranging from the market (arms length transactions) to the hierarchy (wholly owned subsidiary). The MNE chooses internalization (the internal route) where the market does not exist or functions poorly so that transactions costs of the external route are high. Back * * 邓宁进一步指出， （1）、（3）是对外投资的必要条件 （2）决定地理方向，是对外投资的充分条件 所有权优势 = INTERNATIONAL TECHNOLOGY TRANSFER 所有权优势