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Author:Hennart, J-F.
Zeng, M.
Title:Structural determinants of joint venture performance
Journal:European management review
2005 : SUMMER, VOL 2:2, p. 105-115
Index terms:Alliances
Joint business ventures
Organizational learning
Co-operation
Specialization
Theories
Language:eng
Abstract:The paper sketches a theory of the motives of alliances and joint ventures (here as: JV. / JVs.), deducing the reasons for their instability, and discussing the structural factors affecting their performance. It is argued that the alliance literature, by focusing on knowledge internalization, has given short shrift to the empirically more important motive of knowledge access, a strategy called 'cooperative specialization'. It is investigated how various structural solutions can be used to align the interests of the JV. partners.
SCIMA record nr: 259172
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