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how firm-specific characteristics affect each decision. We find that total factor productivity is a significant …
Persistent link: https://www.econbiz.de/10005181328
This paper examines the link between a firm’s ownership of productive assets and its choice of foreign-market entry strategy. We find that, controlling for industry- and country-specific characteristics, the most productive firms (i.e., those owning the most assets) will enter through...
Persistent link: https://www.econbiz.de/10005405763