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Firm Size, Synergy and Joint Ventures
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- Authors
- Issue Date
- 1999-07
- Citation
- Seoul Journal of Economics, Vol.12 No.3, pp. 257-270
- Keywords
- venture formation ; MNC ; multinational company
- Abstract
- We develop a synergy based theory of joint venture formation. We find that an increase in firm size affects the incentive for joint venture formation. Furthermore, firm size also crucially affects the impact of market size on the incentive for joint venture formation. We also perform some interesting welfare analysis.
- ISSN
- 1225-0279
- Language
- English
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