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Investment in New Foreign Subsidiaries under Receding Perception of Uncertainty

Research on foreign direct investment has focused considerable attention on the moment of market entry, but less on the dynamics of investment in the post-entry phase. This paper centres the influence of uncertainty on investment, and develops a growth options model to explain the sequence of... Full description

1st Person: Fisch, Jan Hendrik
Source: in Journal of international business studies Vol. 39, No. 3 (2008), p. 370-386
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Type of Publication: Article
Language: English
Published: 2008
Keywords: research-article
Foreign direct investment
Subsidiary development
Real options
Uncertainty perception
Panel study
Online: Volltext
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