We analyze the nature of international competition among multinational firms in the tire industry. Using the frameworks of the theories of oligopolistic reaction and foreign direct investment, we find that the firms' investment patterns are related to the number and identities of competitors,...

This article analyzes the duopolistic competition of Fujifilm and Kodak according to the product life cycle and "game theoretic" excange-of-hostage hypothesis of international trade and investment. It shows how each firm used its home-team and first-mover advantages to compete with the other. It...