[PDF] Determinants Influencing The Survival Rate Of Joint Ventures eBook

Author : Ilka Müller
Publisher : GRIN Verlag
Page : 46 pages
File Size : 26,45 MB
Release : 2007-10-26
Category : Business & Economics
ISBN : 3638838986

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Bachelor Thesis from the year 2007 in the subject Business economics - Company formation, Business Plans, grade: 1,3, University of Paderborn, language: English, abstract: Nowadays the world seems to be moving closer together and markets are becoming increasingly global. Firms take part in this globalization process and become international. A joint venture, particularly a cross-border joint venture, presents companies a promising oppor-tunity to expand into new markets. Joint ventures can help firms to broaden their geographical market participation, to acquire new knowledge, to create economies of scale and scope and, most importantly, reduce risks. The number of newly formed joint ventures is growing worldwide at an increasing pace. Yan (1998) discovered that the rate of alliance formation in the U.S. has been growing at an annual rate of more than 25 percent since 1985. A lot of the joint ventures endure for a long time but many do not. Kogut (1989) discovered a termination rate of international joint ventures of about 70%. There must be several reasons why they are vulnerable to instability and why so many fail. The aim of this thesis is to discuss which determinants have an impact on the survival of joint ventures. Guidelines are presented regarding aspects that need to be considered if a company wants to form strategic alliances with other firms. There are internal and external factors that influence the survival of joint ventures. Experts believe that some factors are con-troversial as they can influence the stability in a positive as well as in a negative way. No clear consensus is found yet. Therefore I describe their positive as well as their negative im-pacts on the longevity of a jointly owned entity.

Author : R. Azimah Ainuddin
Publisher :
Page : 3 pages
File Size : 36,50 MB
Release : 1997
Category :
ISBN :

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In recent years, the formation of international joint ventures has increased dramatically even though many studies have reported poor joint venture performance, low satisfication among joint venture partners and high joint venture instability and high termination rates. This study attempts to identify the factors that affect joint venture stability and survival to enable managers detect the symptoms of instability and potential termination so that steps can be taken to avoid premature termination of their joint ventures. Applying several theoretical perspectives, an integrated model is developed to explain international joint venture stability and survival. Several hypotheses are proposed for future research. [Author's abstract].

Author : Gérard Cliquet
Publisher : Springer Science & Business Media
Page : 460 pages
File Size : 49,27 MB
Release : 2007-03-20
Category : Business & Economics
ISBN : 3790817589

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Previous research on the institutional structure of franchising networks (Bri- ley et al. 1991; Lutz 1995; Shane 1998; Lafontaine and Shaw 1999, 2005; - fuso 2002; Penard et al. 2003a,b) does not explain the governance structure of the franchising firm as an institutional entity that consists of two interrelated parts: Residual decision rights and ownership rights. The latter includes not only residual income rights of franchised outlets but also residual income rights of franchisor-owned outlets. Previous studies primarily examines the incentive, signalling and screening effects of fees, royalties and other contractual pro- sions from the point of view of organizational economics (see Dnes 1996 for a review) without taking into account the interactions between residual decision and residual income rights as interrelated parts of the governance structure. This paper fills this gap in the literature. According to the property rights view, de- sion rights should be allocated according to the distribution of intangible kno- edge assets between the franchisor and franchisee and ownership rights should be assigned according to the residual decision rights. Since ownership rights are diluted in franchising networks, the dilution of residual income rights of fr- chised outlets is compensated by residual income rights of company-owned o- lets. Under a dual ownership structure, company-owned outlets compensate the disincentive effect of low royalties for the franchisor, and low royalties strengthen the investment incentives for the franchisee.

Author : Paul W. Beamish
Publisher : Lexington Books
Page : 474 pages
File Size : 27,88 MB
Release : 1997
Category : Business & Economics
ISBN : 9780787908171

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The three geographically targeted volumes comprised in the Cooperative Strategies series--the most ambitious effort to date to explore the extent, nature, operations, and environment of cross-border cooperative linkages in North American, European, and Asian Pacific regions. The scholars who contributed to the Cooperative Strategies series include top experts in international strategy and management. Consolidating cutting-edge scholarship and forecasting of future trends, they focus on a wide variety of new cooperative business arrangements and offer the most up-to-date assessment of them. They present the most current research on topics such as: advances in theories of cooperative strategies; the formation of cooperative alliances; the dynamics of partner relationships; and the strategy and performance of cooperative alliances. Blending conceptual insights with empirical analyses, the contributors highlight commonalities and differences across national, cultural, and trade zones. The chapters in this volume are anchored in a wide set of theoretical approaches, conceptual frameworks, and models, illustrating how rich the area of cooperative strategies is for scholarly inquiry. The Cooperative Strategies Series represents an invaluable resource for serious academic study and for business practitioners who wish to improve not only their understanding but also the performances of their joint ventures and alliances.

Author : Jeffrey J. Reuer
Publisher : Emerald Group Publishing
Page : 520 pages
File Size : 23,24 MB
Release : 2007-07-05
Category : Business & Economics
ISBN : 1849504946

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Examines the ways in which real options theory can contribute to strategic management. This volume offers conceptual pieces that trace out pathways for the theory to move forward and presents research on the implications of real options for strategic investment, organization, and firm performance.

Author : National Research Council
Publisher : National Academies Press
Page : 328 pages
File Size : 28,22 MB
Release : 2001-08-06
Category : Technology & Engineering
ISBN : 030907410X

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This report examines the operations of the APT, reviews its extensive assessment program, and provides NRC Committee findings concerning the ATP's operations and recommendations for potential improvements to the program. The report includes a summary of a major conference held in April 2000 as well as seven papers, including surveys of the industry participants or users of the ATP program, a summary of the results of fifty awards, detailed assessments of major joint ventures, and a description of the current selection process. It is the most comprehensive study to date of the program's origins, operations, achievements, and assessment. Its conclusion: the program works.

Author : Vlachvei, Aspasia
Publisher : IGI Global
Page : 379 pages
File Size : 14,86 MB
Release : 2016-09-23
Category : Business & Economics
ISBN : 1522508449

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Economic and business growth is driven by the continuous re-evaluation and optimization of current policies and practices. By implementing more effective procedures, businesses can increase their levels of competitiveness. Factors Affecting Firm Competitiveness and Performance in the Modern Business World is an authoritative reference source for the latest scholarly research on the most appropriate measures and initiatives for firms to become more competitive within various sectors. Incorporating interdisciplinary perspectives through theoretical foundations and real-world case studies, this book is ideally designed for professionals, practitioners, upper-level students, policy makers, and managers interested in the optimization of business performance.

Author : Alan S. Gutterman
Publisher : World Trade Press
Page : 196 pages
File Size : 19,57 MB
Release : 2002
Category : Business & Economics
ISBN : 9781885073617

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Annotation In a textbook for a professional course or a tutorial for individual study, Gutterman explains a type of strategic relationship that allows two or more parties to collaborate in conducting specified business activities. There is no index. Annotation c. Book News, Inc., Portland, OR (booknews.com).