| dc.creator |
Fisch, Jan Hendrik |
|
| dc.date |
2006 |
|
| dc.date.accessioned |
2013-10-16T07:06:03Z |
|
| dc.date.available |
2013-10-16T07:06:03Z |
|
| dc.date.issued |
2013-10-16 |
|
| dc.identifier |
http://hdl.handle.net/10419/19643 |
|
| dc.identifier |
ppn:51427350X |
|
| dc.identifier |
RePEc:zbw:bubdp1:4354 |
|
| dc.identifier.uri |
http://koha.mediu.edu.my:8181/xmlui/handle/10419/19643 |
|
| dc.description |
The theories of internalization and internationalization provide general factors of international market entry but are not precise about its timing. A model of waiting and growth options seizes the importance of flexibility to FDI decisions and centers the impact of uncertainty. The results of a panel study using aggregates of 5379 German entries to 22 countries suggest that uncertainty has a U-shaped influence on the probability of entry and a negative effect on the amount of capital whereas it leaves the share in capital unaffected. Investors seem to treat foreign subsidiaries as real options on internationalization but not on internalization. |
|
| dc.language |
eng |
|
| dc.relation |
Discussion paper Series 1 / Volkswirtschaftliches Forschungszentrum der Deutschen Bundesbank 2006,15 |
|
| dc.rights |
http://www.econstor.eu/dspace/Nutzungsbedingungen |
|
| dc.subject |
D92 |
|
| dc.subject |
F21 |
|
| dc.subject |
L60 |
|
| dc.subject |
D81 |
|
| dc.subject |
ddc:330 |
|
| dc.subject |
Foreign Direct Investment |
|
| dc.subject |
Market Entry Mode |
|
| dc.subject |
Real Options |
|
| dc.subject |
Uncertainty |
|
| dc.subject |
Timing |
|
| dc.subject |
Internationale Markteintrittsstrategie |
|
| dc.subject |
Realoption |
|
| dc.subject |
Entscheidung bei Unsicherheit |
|
| dc.subject |
Direktinvestition |
|
| dc.subject |
Joint Venture |
|
| dc.subject |
Auslandsniederlassung |
|
| dc.subject |
Schätzung |
|
| dc.subject |
Theorie |
|
| dc.subject |
Deutsch |
|
| dc.subject |
OECD-Staaten |
|
| dc.title |
Internalization and internationalization under copeting real options |
|
| dc.type |
doc-type:workingPaper |
|
| dc.coverage |
1997-2001 |
|