Tsurumi, Yoshi; Tsurumi, Hiroki - In: Journal of International Business Studies 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” exchange-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...