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    Ownership structure and new product development in transnational corporations in China

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    This article is available open access through the publisher’s website at the link below. Copyright @ 2008 United Nations.This paper examines the relationship between the ownership structure and new product development (NPD) at the affiliates of transnational corporations in China. Seven research hypotheses are tested on a panel data set covering 10,000 manufacturing firms with foreign involvement for the period 1998-2001. The results from probit and tobit models show that contractual joint ventures, equity joint ventures and joint stock enterprises are better organizational forms than wholly owned enterprises for increasing both the probability and intensity of NPD. We also find that ventures with OECD participation are more likely to be involved in NPD than those with participation by “overseas” Chinese TNCs

    The gravitational field of a global monopole

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    We present an exact solution to the non-linear equation which describes a global monopole in the flat space. We re-examine the metric and the geodesics outside the global monopole. We will see that a global monopole produces a repulsive gravitational field outside the core in addition to a solid angular deficit. The lensing property of the global monopole and the global monopole-antimonopole annihilation mechanism are studied.Comment: 8 pages, no figure
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