rank | action | Phi | Phi+ | Phi− |
1 | joint-venture | 0.1607 | 0.5536 | 0.3929 |
2 | licensing | 0.0714 | 0.5000 | 0.4286 |
3 | franchising | −0.0179 | 0.4821 | 0.5000 |
4 | exporting | −0.1071 | 0.4107 | 0.5179 |
5 | FDI | −0.1071 | 0.4286 | 0.5357 |