'Food and Agriculture Organization of the United Nations (FAO)'
Abstract
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