!URL
http://enbv.narod.ru/text/Econom/ib/str/177.html

!Description
Recommended reading for block 21 of the MBI study

|Entry Mode|Advantage|Disadvantage|h
|[[Exporting]]|Ability to realize location and experience curve economies|High transport costs<br>Trade barriers<br>Problems with local marketing agents|
|[[Turnkey contracts]]|Ability to earn returns from process technology skills in countries where FDI is restricted|Creating efficient competitors<br>Lack of long-term market presence|
|[[Licensing]]|Low development costs and risks|Lack of control over technology<br>Inability to realize location and experience curve economies<br>Inability to engage in global strategic coordination|
|[[Franchising]]|Low development costs and risks|Lack of control over quality<br>Inability to engage in global strategic coordination|
|[[Joint ventures|Joint Venture]]|Access to local partner's knowledge<br>Sharing development costs and risks<br>Politically acceptable|Lack of control over technology<br>Inability to engage in global strategic coordination<br>Inability to realize location and experience economies|
|[[Wholly owned subsidiaries]]|Protection of technology<br>Ability to engage in global strategic coordination<br>Ability to realize location and experience economies|High costs and risks|
bag
mbi_public
created
Thu, 05 Jan 2012 11:43:32 GMT
creator
dirkjan
modified
Thu, 05 Jan 2012 11:43:32 GMT
modifier
dirkjan
tags
M21
Model
Term
bookmark
mbi
creator
dirkjan