Research trend of joint ventures in construction: a two-decade taxonomic review

Research Trend of Joint Ventures in Construction: A Two-decade Taxonomic Review

Purpose – This paper aims to systematically and critically explore the research trend of construction joint ventures (CJVs) in some selected leading construction journals over the past two decades between 1993 and 2012. It is also expected that some valuable insights into the extended application of JVs to facilities service management and maintenance could be generated from the research findin...

Symmetric Research Joint Ventures

We introduce the concept of cooperative substitutes and complements, and use it to throw light on the conditions for a research joint venture to choose equal levels of R&D by all member firms. We show that the second-order conditions for a symmetric optimum take a particularly simple form, ruling out both excessive cooperative substitutability and excessive cooperative complementarity, and nest...

Coordinating research through research joint ventures

In a simple model, we show that a joint venture can implement the rates of investment that maximize joint profit when firms’ research abilities are private information. This can be done with budget balance, even though there are participation constraints. There is no conflict between budget balance and participation constraints because firms’ payoffs can depend on ex post signals of abilities. ...

Knowledge Management in Research Joint Ventures

New knowledge (especially technological knowledge) is viewed as the foundation for innovation, change, and sustainable competitive advantage. Today, there is no doubt that knowledge is one of the most strategic weapons that can lead to achieving competitive success (Grant, 1996). The primary role of research and development (R&D) within organizations is to create new knowledge or recombine exis...

Research Joint Ventures, Innovation, and Multiproduct Competition