Oligopolistic reaction

An oligopolistic reaction is a concept from economics introduced by Frederick T. Knickerbocker to explain why firms follow rivals into foreign markets.^[1]^[2] Under conditions of growth in an economy, US firms match the investments of competitors into that economy. Also called follow-the-leader behavior. Used to understand the global flows of foreign direct investments (FDI) and thereby the structure of the world economy.

References

^ Knickerbocker, Frederick T. (1973). Oligopolistic reaction and multinational enterprise. Internet Archive. Boston : Division of Research, Graduate School of Business Administration, Harvard University. ISBN 978-0-87584-102-1.
^ Knickerbocker, Frederick T. (Spring 1973). "Oligopolistic reaction and multinational enterprise". The International Executive.

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[1] Knickerbocker, Frederick T. (1973). Oligopolistic reaction and multinational enterprise. Internet Archive. Boston : Division of Research, Graduate School of Business Administration, Harvard University. ISBN 978-0-87584-102-1.

[2] Knickerbocker, Frederick T. (Spring 1973). "Oligopolistic reaction and multinational enterprise". The International Executive.

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See also

References