search query: @indexterm international co-operation / total: 240
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| Author: | Reuer, J. |
| Title: | The Dynamics and Effectiveness of International Joint Ventures |
| Journal: | European Management Journal
1998 : VOL. 16:2, p. 160-168 |
| Index terms: | JOINT BUSINESS VENTURES INTERNATIONAL CO-OPERATION INTERNATIONAL RELATIONS STRATEGIC MANAGEMENT BUSINESS POLICY |
| Language: | eng |
| Abstract: | This article addresses the instability of international joint ventures (IJV) from a corporate strategy perspective. Data on 272 terminated IJVs are presented by way of illustration. The empirical patterns demonstrate IJV termination most often involves a reallocation of IJV ownership between existing parent firms, and these changes in ownership and resource commitments are a function of both firms' relationships to the venture. The article submits the transitory character of IJVs often stems from the nature of parent firms' strategic intents when forming IJVs. This suggests IJV instability is not always tantamount to collaborative failure as is widely assumed. |
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