International Joint Ventures and Endogenous Protection: A Political-Economy Approach

Control of international joint ventures

Prior research has found that many international joint ventures (IJVs) fail. Some authors have suggested that control problems are one of the primary causes of IJV failures. However, little IJV-related research has focused on control issues. This paper reports the results of a largely exploratory study of the control practices employed by partners involved in three arguably successful IJVs. The...

Political Islam and Militancy: a Political Economy Approach

Given inevitable constraints of the fiscal year framework for development planning, not to mention the day to day rush of project design and implementation, development policymakers and practitioners often simply lack the time to engage in longer term strategic planning. While there is usually a general sense of what they want to see happen 10 years down the line, there is still a need to think...

Equity control and the survival of international joint ventures: a contingency approach

This study attends to equivocal results regarding the relationship between equity control and international joint venture (IJV) performance by proposing a transaction-cost-based contingency framework. We examined the moderating effects of asset specificity and uncertainty on the relationship between foreign parent equity control and IJV survival in an empirical setting of Japanese IJVs in 12 As...

The Political Economy of Employment Protection

International Joint Ventures and the Boundaries of the Firm

This paper links the declining propensity of multinational firms to share ownership of their foreign operations to increasing returns to coordination associated with managing globalized operations. The paper isolates the characteristics associated with the decision to share ownership in international operations and then employs two exogenous shifts in the relative cost of sharing ownership to i...