search query: @author Zahra, S. / total: 4
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| Author: | Zahra, S. Elhagrasey, G. |
| Title: | Strategic Management of International Joint Ventures |
| Journal: | European Management Journal
1994 : VOL. 12;1, p. 83-93 |
| Index terms: | JOINT BUSINESS VENTURES STRATEGIC MANAGEMENT INTERNATIONAL BUSINESS COMPETITION |
| Language: | eng |
| Abstract: | Today, international joint ventures (IJV) are widely acknowledged as a viable strategic option. Unfortunately, IJVs have an estimated 60% rate of failure. Zahra and Elhagrasey suggest that executives can reduce this high failure rate by determine the need for the venture, by carefully selecting compatible IJV partners; by patiently and thoroughly negotiating the purpose, form, scope, duration, and administrative structure of the venture; and by managing problems as they occur during the course of the IJV project. This article provides a step-by-step model of these issues, highlighting potential problems executives may face and how they can address them. |
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