In our recent work (Jiang et al. 2018), we analyze the above aspects of IJVs with an emphasis on exploring their role infacilitating the transfer of foreign technology to Chinese firms, and in doingso investigate whether China’s investment policy achieves its purpose.

在我们最近的工作(Jiang et al. 2018)中，我们分析了国际合资企业的上述问题，重点探讨了它们在促进外国技术向中国企业转移方面的作用，并以此调查中国的投资政策是否达到了目的。

Joint Ventures and Technology Transfer: The Case of China

合资企业与技术转让：以中国为例

IJVs are a unique mode of foreign investment and there are multiple channels of technology transfer (depicted inFigure 1) through which domestic firms might benefit. In addition to any contractual and regulatory obligations, a foreign investor has a direct incentive to transfer proprietary know-how to its joint venture in order forthe new operation to succeed. This helps joint venture firms become strong performers relative to other domestic firms. This first channel is what we denote as an internal technology transfer that takes place between the foreign parent and the offshoot joint venture firm.