What is a ‘window of opportunity’? Under which conditions does being a first mover give sustainable competitive advantage? What are the major problems associated with licensing? What potential...

What is a ‘window of opportunity’? Under which conditions does being a first mover give sustainable competitive advantage? What are the major problems associated with licensing? What potential problems does a foreign investor experience in an industrial joint venture with an ex-local agent or distributor? Why do joint ventures often fail? What are the benefits of global standardisation?