Performance of international joint ventures from developing and developed countries: An empirical study in a developing country context

In response to the need for research on International Joint Ventures (IJVs) from developing countries, this paper examines the multivariate determinants of performance of 59 IJVs from both developing and developed countries in a developing country context. Resource complementarity, cooperation, join...

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Bibliographic Details
Published in:Journal of world business : JWB 1998, Vol.33 (4), p.357-377
Main Authors: Sim, A.B, Ali, Yunus
Format: Article
Language:English
Subjects:
Developing countries
Economic aspects
Economic theory
Evaluation
Industrial nations
Industrialized nations
International
International agreements
International business enterprises
International economics
Joint ventures
LDCs
Manycountries
Multinational corporations
Multivariate analysis
Studies
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Summary:In response to the need for research on International Joint Ventures (IJVs) from developing countries, this paper examines the multivariate determinants of performance of 59 IJVs from both developing and developed countries in a developing country context. Resource complementarity, cooperation, joint venture experience, technology and export-orientation were found to be significant determinants of performance of joint ventures. While the determinants varied for IIVs from developing and developed countries, there were no significant differences in their performance levels. The empirical findings and their implications, including limitations and areas for further research are discussed.
ISSN:1090-9516
1878-5573
DOI:10.1016/S1090-9516(99)80080-7