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Author:Buckley, P.
Casson, M.
Title:An economic model of international joint venture strategy
Journal:Journal of International Business Studies
1996 : VOL. 27:5, p. 849-876
Index terms:INTERNATIONAL BUSINESS
JOINT BUSINESS VENTURES
STRATEGY
Language:eng
Abstract:The strategic choice between joint ventures, licensing agreements and mergers is analysed using eight key factors suggested by internalisation theory. The model explains the increasing role of international joint ventures in the 1980s in terms of the accelerating pace of technological innovation and the globalisation of markets. It offers a range of predictions about the formation of joint ventures within industries, across industries, across locations, and over time.
SCIMA record nr: 161103
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