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Perceptions of MNC management: Local parent sensemaking in international joint venture process

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Author Info
Ed Clark
Anna Soulsby
Abstract

The article focuses on the way in which multinational corporations (MNCs) and local parent firms interact in the construction and operation of international joint ventures (IJVs). It seeks to contribute to the theory of IJV process in two ways. First, it constructs a preliminary integrative theoretical framework, which draws attention to the roles of initial venture conditions, of political, learning and relationship processes and parental perceptions of efficiency and equity. Second, it infers theoretical lessons from a case study of a German-Czech IJV. The empirical findings highlight the role of critical events that stimulate sensemaking processes, which in turn politicise the IJV and create different dynamic patterns.

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Publisher Info
Article provided by Rainer Hampp Verlag in its journal Journal for East European Management Studies.

Volume (Year): 14 (2009)
Issue (Month): 3 ()
Pages: 286-309
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Handle: RePEc:rai:joeems:doi_10.1688/1862-0019_jeems_2009_03_clark

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Related research
Keywords: Czech Republic; international joint ventures; sensemaking; venture dynamics; process theory; multi-national corporation;

Find related papers by JEL classification:
F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship
M10 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - General
M20 - Business Administration and Business Economics; Marketing; Accounting - - Business Economics - - - General
P20 - Economic Systems - - Socialist Systems and Transition Economies - - - General
P31 - Economic Systems - - Socialist Institutions and Their Transitions - - - Socialist Enterprises and Their Transitions

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This page was last updated on 2009-11-21.

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