Tsurumi, Yoshihiro; Tsurumi, Hiroki - In: Journal of international business studies : JIBS ; an … 30 (1999) 4, pp. 813-830
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...