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Third World Joint Venturing: A Strategic Option for the Smaller Firm

Author

Listed:
  • Derrick E. D'Souza
  • Patricia P. McDougall

Abstract

This paper identified critical factors that affect the success of joint ventures in Third World countries. It suggests a framework for assessing the fit between smaller firms from developed countries and Third World firms that enter into such joint ventures. The article links international operations to local operations of the smaller firm from developed countries, and suggests areas for future research to align its focus.

Suggested Citation

  • Derrick E. D'Souza & Patricia P. McDougall, 1989. "Third World Joint Venturing: A Strategic Option for the Smaller Firm," Entrepreneurship Theory and Practice, , vol. 13(4), pages 19-34, July.
    • Handle: RePEc:sae:entthe:v:13:y:1989:i:4:p:19-34
    DOI: 10.1177/104225878901300404
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    References listed on IDEAS

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    1. Caves, Richard E, 1971. "International Corporations: The Industrial Economics of Foreign Investment," Economica, London School of Economics and Political Science, vol. 38(149), pages 1-27, February.
    2. Dunning, John H, 1979. "Explaining Changing Patterns of International Production: In Defence of the Eclectic Theory," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 41(4), pages 269-295, November.
    3. Bruce Kogut, 1988. "Joint ventures: Theoretical and empirical perspectives," Strategic Management Journal, Wiley Blackwell, vol. 9(4), pages 319-332, July.
    4. Richard B. Robinson & John A. Pearce, 1983. "The impact of formalized strategic planning on financial performance in small organizations," Strategic Management Journal, Wiley Blackwell, vol. 4(3), pages 197-207, July.
    5. Kathryn Rudie Harrigan, 1988. "Joint ventures and competitive strategy," Strategic Management Journal, Wiley Blackwell, vol. 9(2), pages 141-158, March.
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    Citations

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    Cited by:

    1. Viktor Fredrich & Siegfried Gudergan & Ricarda B. Bouncken, 2022. "Dynamic Capabilities, Internationalization and Growth of Small- and Medium-Sized Enterprises: The Roles of Research and Development Intensity and Collaborative Intensity," Management International Review, Springer, vol. 62(4), pages 611-642, August.
    2. Motoc Adrian, 2021. "Romanian family business internationalization: knowledge management and dynamic capabilities," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 15(1), pages 160-169, December.
    3. Augustine A. Lado & George S. Vozikis, 1997. "Transfer of Technology to Promote Entrepreneurship in Developing Countries: An Integration and Proposed Framework," Entrepreneurship Theory and Practice, , vol. 21(2), pages 55-72, January.
    4. Merchant, Hemant, 2012. "The characteristics and stock-market performance of international joint ventures located in three host-country groups: An extension and empirical validation," International Business Review, Elsevier, vol. 21(6), pages 1173-1189.
    5. M. Krishna Erramilli & Derrick E. D'Souza, 1993. "Venturing into Foreign Markets: The Case of the Small Service Firm," Entrepreneurship Theory and Practice, , vol. 17(4), pages 29-41, July.
    6. Reuer, Jeffrey J. & Ariño, Africa, 2003. "Alliance dynamics for entrepreneurial firms," IESE Research Papers D/526, IESE Business School.
    7. Joseph A. LiPuma & Sarah Park, 2014. "Venture Capitalists’ Risk Mitigation of Portfolio Company Internationalization," Entrepreneurship Theory and Practice, , vol. 38(5), pages 1-23, September.
    8. Merchant, Hemant, 2005. "The structure-performance relationship in international joint ventures: a comparative analysis," Journal of World Business, Elsevier, vol. 40(1), pages 41-56, February.
    9. Joseph LiPuma & Scott Newbert & Jonathan Doh, 2013. "The effect of institutional quality on firm export performance in emerging economies: a contingency model of firm age and size," Small Business Economics, Springer, vol. 40(4), pages 817-841, May.
    10. Chong Kyoon Lee & Johan Wiklund & Alejandro Amezcua & Tae Jun Bae & Almantas Palubinskas, 2022. "Business failure and institutions in entrepreneurship: a systematic review and research agenda," Small Business Economics, Springer, vol. 58(4), pages 1997-2023, April.
    11. David Doloreux & Anika Laperrière, 2014. "Internationalisation and innovation in the knowledge-intensive business services," Service Business, Springer;Pan-Pacific Business Association, vol. 8(4), pages 635-657, December.
    12. Demirbag, Mehmet & Mirza, Hafiz, 2000. "Factors affecting international joint venture success: an empirical analysis of foreign-local partner relationships and performance in joint ventures in Turkey," International Business Review, Elsevier, vol. 9(1), pages 1-35, February.
    13. Andrew L. Zacharakis, 1997. "Entrepreneurial Entry into Foreign Markets: A Transaction Cost Perspective," Entrepreneurship Theory and Practice, , vol. 21(3), pages 23-40, April.

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