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| Author: | Jolly, D.R. |
| Title: | The exogamic nature of Sino-foreign joint ventures |
| Journal: | Asia Pacific Journal of Management
2005 : SEP, VOL 22:3, p. 285-306 |
| Index terms: | Joint business ventures Foreign investment China Asia |
| Freeterms: | Partnership |
| Language: | eng |
| Abstract: | It is suggested by this paper that Sino-foreign joint ventures (hereafter as: JVs.) are exogamic partnerships (here as: p-ships). Three hypotheses were formulated: 1. partners pool differentiated sets of idiosyncratic (here as: ids-ic.) and non-substitutable resources into their JVs, 2. they establish cooperation to gain access to resources provided by their counterparts, 3. the younger the p-ship., the less the partners contribute with ids-ic. resources. A questionnaire investigation was conducted into 67 Sino-foreign JVs. The test for H1 clearly demonstrated that each partner pools very different resources into the JV. H2 was also clearly supported by the data collected. However, H3 was weakly supported. |
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