In this note we reconsider the paper of Brod and Shivakumar (1999), published in the Journal of Industrial Economics, who analyze a two- stage model in which the firms compete in two dimensions and examine the effect of semi-collusion when the non-production activity is R&D. They shed light on...

The purpose of this paper is to formalize the choices of market entry strategy (Export Vs Greenfield investment Vs Cross border M&A) and the target selection (Acquisition of high-productivity firm or low-productivity one) for a foreign firm, and to delineate the relationship between foreign...