Excerpt from Firm Determinants of Export Internalization
Empirical studies have provided some evidence in support of the transaction cost argument. Nicholas (1982, 1983) has presented archival information showing that British multinational investment in distribution prior to ... 1939 had to do with attempts to reduce transaction costs. Anderson and Coughlan 1987) found asset specificity to be the most robust predictor of internalization of distribution in a study of 94 introductions of semiconductor products in foreign markets by US firms.3 Klein and Roth (1990) studied 477 Canadian exporting firms and found experience in international markets to increase the likelihood of internalization in the presence of low asset specificity but not in the presence of high asset specificity.
About the Publisher
Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com
This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
Hvis denne bog ikke er noget for dig, kan du benytte kategorierne nedenfor til at finde andre titler. Klik på en kategori for at se lignende bøger.