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Internal corporate joint ventures: Development processes and performance outcomes

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  • Stephen M. Shortell
  • Edward J. Zajac

Abstract

Joint venture activity and internal corporate venturing represent two administrative innovations receiving increased attention in strategic management research. This study investigates a new hybrid form of administrative innovation: internal corporate joint ventures, which combine the equity involvement typically found in joint ventures with the internal staffing of a semiautonomous unit typical of internal corporate ventures. Drawing on both a process model and a variance model, the structuring, development and performance of 53 such ventures in an industry‐specific setting is examined.

Suggested Citation

  • Stephen M. Shortell & Edward J. Zajac, 1988. "Internal corporate joint ventures: Development processes and performance outcomes," Strategic Management Journal, Wiley Blackwell, vol. 9(6), pages 527-542, November.
  • Handle: RePEc:bla:stratm:v:9:y:1988:i:6:p:527-542
    DOI: 10.1002/smj.4250090602
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    Citations

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    Cited by:

    1. López-Navarro, Miguel Á. & Camisón-Zornoza, César, 2003. "The effect of group composition and autonomy on the performance of joint ventures (JVs): an analysis based on Spanish export JVs," International Business Review, Elsevier, vol. 12(1), pages 17-39, February.
    2. Thomas Keil & Rita Gunther McGrath & Taina Tukiainen, 2009. "Gems from the Ashes: Capability Creation and Transformation in Internal Corporate Venturing," Organization Science, INFORMS, vol. 20(3), pages 601-620, June.
    3. Shaker A. Zahra, 1993. "A Conceptual Model of Entrepreneurship as Firm Behavior: A Critique and Extension," Entrepreneurship Theory and Practice, , vol. 17(4), pages 5-21, July.
    4. Catherine M. Daily & Dan R. Dalton, 1993. "Board of Directors Leadership and Structure: Control and Performance Implications," Entrepreneurship Theory and Practice, , vol. 17(3), pages 65-81, April.
    5. Mark de Rond & Hamid Bouchikhi, 2004. "On the Dialectics of Strategic Alliances," Organization Science, INFORMS, vol. 15(1), pages 56-69, February.
    6. Agarwal, Rajshree & Croson, Rachel & Mahoney, Joseph T., 2007. "Decision Making in Strategic Alliances: An Experimental Investigation," Working Papers 07-0108, University of Illinois at Urbana-Champaign, College of Business.
    7. Dorn, Stefanie & Schweiger, Bastian & Albers, Sascha, 2016. "Levels, phases and themes of coopetition: A systematic literature review and research agenda," European Management Journal, Elsevier, vol. 34(5), pages 484-500.

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