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The Dynamics of Technology Transfer: Multinational Investment in China and Rising Global Competition

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NBER2025-09-01 更新2025-09-27 收录
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US multinationals formed joint ventures in China for market access and lower labor costs. However, these ventures transfer technology to Chinese firms, fueling future competition. While individual firms weigh the risks to their own profits, they disregard the negative impact on other US firms and

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2025-09-01
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