When a firm perceives its technological advantage to be only transitory,when it expects rapid imitation of its core technology by competitors,the firm will invariably want to invest in a wholly owned subsidiary.
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Q24: Ultimately,a company must base its choice of
Q25: It is much easier to change the
Q26: Establishing a wholly owned subsidiary gives the
Q27: Research suggests joint ventures with local partners
Q29: A joint venture does not give a
Q30: The greater the pressures for cost reductions
Q31: While some markets are very large when
Q32: Greenfield investments are quick to execute.
Q33: Trade-offs between the advantages and disadvantages of
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