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Managing joint ventures

Beamish, Paul W. - ; Lupton, Nathaniel C. - ;

Joint ventures aid firms in accessing new markets, knowledge, capabilities, and other resources. Yet they can be challenging to manage, largely because they are owned by two or more parent companies. These companies may have competing or incongruent goals, differences in management style, and in the case of international business, additional complexities associated with differing government policies and business practices. We examine research on joint venture (JV) performance in order to identify prominent academic discussions established over the last 25 years. From this research, we draw implications from past research and areas for future research on successfully managing JVs, taking into account the decisions JV partners must make throughout the partnering process, from initial motivations through partner selection and negotiation of terms to implementation and ongoing management. Key implications include the necessity of honesty, trust, and commitment for the success of the JV, settling disputes by focusing on what is best for the JV rather than individual partner objectives, and division of managerial responsibilities according to the functional expertise of each partner..Printed journal


Ketersediaan

Call NumberLocationAvailable
AMP2302PSB lt.dasar - Pascasarjana1
PenerbitBriarcliff Manor, NY: Academy of Management 2009
EdisiVol. 23, No. 2, May, 2009
SubjekPerformance measurement
Knowledge management
Cultural Differences
Strategic alliances
Joint Ventures (JVs)
equity ownership
ISBN/ISSN15589080
KlasifikasiNONE
Deskripsi Fisik20 p.
Info Detail SpesifikAcademy of Management Perspectives
Other Version/RelatedTidak tersedia versi lain
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