To lead or to wait? An application to internationalization strategies under demand uncertainty
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DOI: 10.1002/mde.3026
Abstract: We examine the exports versus foreign direct investment (FDI) decision under demand uncertainty for an asymmetric cost duopoly. One of the firms can lead entry before demand realization or retain flexibility enjoying an informational advantage.… read more here.
Keywords: wait application; lead wait; application internationalization; demand uncertainty ... See more keywords