International joint ventures: A survey of theoretical perspectives and motives

Date

1997

Author

Glaister, Keith W.
Tatoğlu, Ekrem

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This paper provides a review of the definitions, theoretical explanations and motives for international Joint Venture (JV) fonnation. The theoretical perspectives on JV fomiation arc considered in terms of mainstream economics orientation, the transaction cost paradigm, resource dependency theory, the strategic bchaviour model, and the organisational learning and resource-based model. The motives for JV formation between multi-national enterprises from developed countries are contrasted with motives for JV formation between developed country multinational enterprises and local firms from developing countries. Although the theoretical perspectives do not map neatly onto motives it is possible to relate theoretical perspectives to motives.

URI

https://hdl.handle.net/11511/109822

Collections

Department of Economics, Article