全球智库信息集成服务系统(G2TT): Starting Small in an Unfamiliar Environment

G2TT

来源类型	Working Paper
规范类型	报告
DOI	10.3386/w7053
来源ID	Working Paper 7053
	Starting Small in an Unfamiliar Environment
	James E. Rauch; Joel Watson
发表日期	1999-03-01
出版年	1999
语种	英语
摘要	Motivated by a characteristic way in which firms in developed countries make their decisions regarding cooperation with potential partners from less developed countries, we design a simple model of a DC firm's search for an LDC partner/supplier and the subsequent relationship between the two parties. Matched firms can start small' with a trial order or pilot project of variable size in order to gain information about the ability of the LDC firm to successfully carry out a large project. We derive results relating whether and how the parties start small to the characteristics of the large project and to the matching environment. Among other results, we show how risk and search cost are associated with the propensity to start small and we establish a connection between starting small and the expected longevity of successful partnerships. We also address methods of contract enforcement and demonstrate the relationship between starting small and monitoring.
主题	Microeconomics ; Households and Firms ; International Economics ; Trade
URL	https://www.nber.org/papers/w7053
来源智库	National Bureau of Economic Research (United States)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/564574
推荐引用方式 GB/T 7714	James E. Rauch,Joel Watson. Starting Small in an Unfamiliar Environment. 1999.

条目包含的文件
文件名称/大小	资源类型	版本类型	开放类型	使用许可
w7053.pdf（821KB）	智库出版物		限制开放	CC BY-NC-SA	浏览