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International joint venture acquisition by a foreign or local partner

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  • Bukhvalov, A.
  • Alekseeva, O.

Abstract

Managing on international joint venture post-formation is a critical decision for both foreign and local managers. Reviewing the literature in international and strategic management, the authors discuss recent findings of research on international joint venture acquisition by a foreign or local partner over the past 15 years. In doing so, the authors provide an in-depth review of theoretical foundation of IJV acquisition by one of the partners, the dominant determinants and a framework of research on IJV acquisition by a foreign or local partner. This proposed framework groups eight determinants and integrates the antecedents of IJV formation - described by complementary assets between partners and previous experience of a foreign and local partner, initial IJV characteristics influence - described by ownership structure, control and bargaining power, shifts of IJV characteristics - by three previous determinants and IJV performance, moderators - uncertainty, learning and new experience influences, and the decision of IJV acquisition by one of the partners. As a conclusion, the authors provide several recommendations for future research.

Suggested Citation

  • Bukhvalov, A. & Alekseeva, O., 2016. "International joint venture acquisition by a foreign or local partner," Working Papers 6439, Graduate School of Management, St. Petersburg State University.
  • Handle: RePEc:sps:wpaper:6439
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    File URL: https://dspace.spbu.ru/handle/11701/6439
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    References listed on IDEAS

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