When market failure is minimized through internalization, _____.
a single organization between two firms is established
Bandoy Corp., a renowned cell phone manufacturing company, decided to engage in international business. So, Bandoy Corp. sold its technology to several multinational enterprises in other countries. This market entry mode is an example of _____.
_____ refers to the domestic diffusion of foreign technical knowledge and processes.
Which of the following political views on foreign direct investment (FDI) does not exist in practice?
The free market view on FDI
_____ is defined as the possibility of unauthorized diffusion of firm specific know how.
From an institution-based view, internalization is a response to: