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Foreign Retail Entry Strategy: Empirical support for the use of the independent entry strategy in an uncertain developing market environment

Analogbei, MA (2013) Foreign Retail Entry Strategy: Empirical support for the use of the independent entry strategy in an uncertain developing market environment. GSTF International Journal of Business Review. (2(4),). pp. 201-210.

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Abstract

Developing markets have been shown to have institutional frameworks that differ from that in developed economies and greatly affects the transaction costs in the market which favours the use of the collaborative mode of entry. This study argues conditions exist in unstable developing markets that support the use of the wholly owned subsidiary. It discusses these conditions from empirical analysis of the conditions in the Nigerian market and introduces the need for research to focus on a wider perspective on entry mode research suggesting a look at not just cost minimization measures, but also value creation and the notion of strategic flexibility under uncertainty as advocated by the real options theory.

Item Type: Article
Uncontrolled Keywords: Entry strategies, internationalisation, value creation, emerging market, Nigeria
Subjects: H Social Sciences > HF Commerce
Divisions: Liverpool Business School
Publisher: International Journal of Business Review.
Date Deposited: 30 Jan 2015 10:29
Last Modified: 30 Jan 2015 10:32
URI: http://researchonline.ljmu.ac.uk/id/eprint/336

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