foreign direct investment choice, the export strategy can be rejected although it is dominating the FDI project and although … continuous variables on export and FDI patterns. … and Pindyck, 1994) an investment plan under uncertainty is derived. In contrast to static models firms postpone their …

probability of entering a new market as an exporter. FDI becomes the optimal entry mode with increasing uncertainty. Additionally … contrast to the latest trade models, uncertainty is introduced as a continuous phenomenon. Furthermore, the model contains the … innovation of comparing two option values simultaneously. The implementation of goods price uncertainty turns out to reduce the …

continuous variables on export and FDI patterns. - export ; FDI ; uncertainty ; real option approach … foreign direct investment choice, the export strategy can be rejected although it is dominating the FDI project and although … and Pindyck, 1994) an investment plan under uncertainty is derived. In contrast to static models firms postpone their …

between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology … uncertain productivity growth, market entry through FDI increases even further. Uncertainty is identified as a compounding force … introduction of productivity growth increases the likeliness of first time market entry through FDI. If the firm is confronted with …

between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology … uncertain productivity growth, market entry through FDI increases even further. Uncertainty is identified as a compounding force … introduction of productivity growth increases the likeliness of first time market entry through FDI. If the firm is confronted with …

between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology … uncertain productivity growth, market entry through FDI increases even further. Uncertainty is identified as a compounding force … introduction of productivity growth increases the likeliness of first time market entry through FDI. If the firm is confronted with …

between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology … uncertain productivity growth, market entry through FDI increases even further. Uncertainty is identified as a compounding force … introduction of productivity growth increases the likeliness of first time market entry through FDI. If the firm is confronted with …

between export and FDI. The model combines the proximity-concentration trade-off framework with the real option methodology … uncertain productivity growth, market entry through FDI increases even further. Uncertainty is identified as a compounding force … intertemporal selection effects. -- export ; FDI ; uncertain productivity growth ; real option approach …

I analyse firms organisational choices when they face uncertainty about institutional conditions in foreign locations …