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International joint venture instability and corporate strategy

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International joint venture (IJV) longevity and stability are frequently used as indicators of collaborative succes. This synthesizes the theoretical and methodological rationales for this approach and the implications for theory development. A corporate strategy perspective on IJV's provided, which proposes that the effects of IJV dynamics are meaningfully considered at the parent firm level, and the impact of IJV longevity versus instability depends upon the firm's collaborative objectives, ex post exchange conditions, and the IJV's specific governance trajectory. The analysis aids in interpreting prior research and points to the value of more integrative, contingency perspectives on IJV's and their evolution

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application/pdf

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http://flora.insead.edu/fichiersti_wp/inseadwp1998/98-55.pdf