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Licensing duration in foreign markets: A real options perspective

Jiang, Marshall S, Aulakh, Preet S, Pan, Yigang

Journal of International Business Studies · 2009 · Volume 40 · Issue 4

DOI: 10.1057/jibs.2008.71

Abstract

Licensing can be considered an initial trial of a foreign market before a firm fully commits to it through other investment modes. The length of trial has

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