The Exogamic Nature of Sino-Foreign Joint Ventures
AbstractThe paper suggests that Sino-foreign joint ventures areexogamicpartnerships. Three hypotheses were formulated: (1) partners pool differentiated sets of idiosyncratic and non-substitutable resources into their joint ventures; (2) they establish cooperation to gain access to resources provided by their counterparts; (3) the younger the partnership, the less the partners contribute with idiosyncratic resources. A questionnaire investigation was conducted into 67 Sino-foreign joint ventures. The test for H1 clearly demonstrated that each partner pools very different resources into the joint venture. H2 was also clearly supported by the data collected. However, H3 was weakly supported. Copyright Springer Science + Business Media, Inc. 2005
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Bibliographic InfoArticle provided by Springer in its journal Asia Pacific Journal of Management.
Volume (Year): 22 (2005)
Issue (Month): 3 (September)
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Web page: http://www.springerlink.com/link.asp?id=106589
inter-firm alliances; management of international JVs; resource-based strategies; learning through alliances; relatedness between allies profiles; Chinese business;
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