There is a growing trend by established firms to use a multitude of External Corporate Venturing (ECV) mechanisms (alliances, partnerships, joint ventures, acquisitions, licensing agreements and investments in corporate venture capital) to acquire external innovations. In this paper, we develop a framework within which firms choose ECV mechanisms that are best aligned with characteristics of th...

A conceptual framework is developed, bringing together entry mode, the influence of state officials, and the adoption of a customer-driven orientation in order to explain the performance of foreign-invested firms in a transitional economy. The model is tested on a sample of firms in China across eight provinces and cities, spread across the relatively developed South Coast, the Central Belt for...

In order to explore what motivates post-entry mode change of the MNC (Multinational Corporation) in China, this paper proposed a theoretical framework that has highlighted MNC flexibility influenced by learning ownership regulations through relationship networks. A company is embedded in a number of relationships with identifiable counterparts and this web of relationships can be called a netwo...

The study focuses on the benefit of foreign direct investment (FDI) at the firm level. Looking into the way businesses acquire institutional knowledge, the study examines whether IJVs have built local technological capability through acquiring and then using the international resources and knowledge of the foreign joint venture partners, and if so, the level of the technological capability that...

Article history: Received 5 December 2011 Received in revised form 31 August 2012 Accepted 4 September 2012 Available online 11 September 2012 We investigate international joint ventures in an integrated market using a two-country model with asymmetric sizes. We show that although the domestic firm in the small country is less efficient, it is possible that the government of the small country i...

Prediction of the performance of international joint ventures remains a relatively underresearched area, yet its importance is well recognized due to the tremendous surge in joint venture activities in the past decade. Data on 1,463 Sino–Hong Kong joint ventures were gathered and those that appeared on the Honor Roll of the China Association of Enterprises with Foreign Investment are identified...

— The institution of venture capitalism is a difficult one to initiate through policy intervention, particularly in developing countries with unstable macroeconomic environments and histories of state involvement in the use of national capital and in the composition of production. India has all these constraints. The emergence of a thriving software services industry after 1985 created the raw ...