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This paper derives a three stage Cournot duopoly game for research collaboration, research expenditures and product …
Persistent link: https://www.econbiz.de/10013428320
This paper derives a three stage Cournot duopoly game for research collaboration, research expenditures and product …
Persistent link: https://www.econbiz.de/10011444658
This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are potentially important for the investment...
Persistent link: https://www.econbiz.de/10003726051
The theories of internalization and internationalization provide general factors of international market entry but are not precise about its timing. A model of waiting and growth options seizes the importance of flexibility to FDI decisions and centers the impact of uncertainty. The results of a...
Persistent link: https://www.econbiz.de/10003339171
Persistent link: https://www.econbiz.de/10003897353
This paper studies why multinational firms often share ownership of a foreign affiliate with a local partner even in the absence of government restrictions on ownership. We show that shared ownership may arise, if (i) the partner owns assets that are potentially important for the investment...
Persistent link: https://www.econbiz.de/10003493632
Persistent link: https://www.econbiz.de/10001506495
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