Morasch, Karl - In: Design and management of interfirm networks : franchise …, (pp. 353-372). 2019
The decision over exports vs. foreign direct investment (FDI) is usually discussed in an extension of the so … starts from a situation where a potential foreign entrant would be just indifferent between exports and FDI in such a setting … strategic impact of lower marginal cost makes FDI more attractive in a Cournot setting while exports are preferable under price …