Title Here
 

Decision Specific Experience in Foreign Ownership and Establishment Strategies: Evidence from Japanese Firms


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In this paper, we examine the importance of decision specific
experience for a multinational firm's foreign ownership make
and establishment mode decisions. A unique conduct to measure
the decision specific experience erect is developed. Based
on data for the period 1969-1991 we find brawny empirical evidence
from experiences of Japanese firms to support the hypotheses
that firms wait on to select ownership structures and establishment
mode based upon their experiences with similar ownership mode of buildings
and establishment modes in the past.

INTRODUCTION

The importance of





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