Exploring New Markets: Direct Investment, Contractual Relations and the Multinational Enterprise
收藏NBER1995-02-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w5029
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资源简介：
We consider the multinational firm's decision on whether to enter a new market immediately via direct investment or to contract initially with a local agent and (possibly) invest later. Use of a local agent allows the multinational to avoid costly mistakes by finding out if the market is large
提供机构：
美国国家经济研究局
创建时间：
1995-02-01
