-level uncertainty and imperfect information over their life cycle. We find that firms make non-negligible and positively correlated … informed. Moreover, young firms tend to wait long before entering or exiting the market faced with high uncertainty about their …

existing empirical results in the domain of joint ventures. The results show that technological uncertainty promotes the … formation of joint ventures. Moreover, we find an ambiguous effect of technological uncertainty on the expected duration of …

We develop a hierarchical model of real option entry mode choices under environmental uncertainty and test predictions …

Using firm and industry data, we establish two facts: (i) Uncertainty about demand conditions not only reduces export …

the effect of uncertainty on the decision of a firm to export considering the different types of uncertainty faced by the …-specific uncertainty discourages risk-averse firms from participating in foreign markets more than risk-taking firms. One possible …-specific uncertainty increases. Second, we find that risk-averse firms are less likely to decrease their export market participation when …

Using firm and industry data, we establish two facts: (i) Uncertainty about demand conditions not only reduces export …

and Pindyck, 1994) an investment plan under uncertainty is derived. In contrast to static models firms postpone their … continuous variables on export and FDI patterns. - export ; FDI ; uncertainty ; real option approach …