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Author:Glaister, K.W.
Title:The rationale for international equity joint ventures
Journal:European Management Journal
2004 : OCT, VOL 22:5, p. 493-507
Index terms:International
Joint business ventures
Transaction costs
Theories
Language:eng
Abstract:This study examines the rationale (hereafter as: rat-le.) for the formation of international equity joint ventures (IJVs) from the perspectives of the transactions cost (here as: tr-cs.) and resource based (res-bs.) theories. The study adopts a multi-method personal interview and self-administered questionnaire approach to examine the rat-le. for the decision to form an IJV in the parent firms. The study also examines the extent and methods of analysis when deciding to form a JV. The findings show that aspects of both the tr-cs. and res-bs. views influence the decision to form a JV. In this respect the tr-cs. and res-bs. perspectives on JV formation should be regarded as complementary views rather than substitute views.
SCIMA record nr: 257322
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