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Revisiting research on IJV exit: More questions than answers

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  • Nemeth, Alexander
  • Nippa, Michael

Abstract

While International Joint Ventures (IJVs) are a well acknowledged and frequently implemented organizational mode, especially with regard to international market entry strategies, they are also prone to conflicts of interests, inefficiencies, and unintended termination. Accordingly, past research has been dominated by studies that attempted to identify success factors for managing IJVs based upon archive data. Success respectively failure is frequently defined based upon the fact that IJVs disappeared from the data-set. As such, exit became the epitome for closing down ineffective, failing IJVs although withdrawal may in some cases a sign of success if, for instance, the initial objectives of partners have been achieved. Beyond such misconceptions there is no stock-take of what is known about the different types, measures, contexts, and determinants of IJV exit as to take research to the next stage. This paper fills this research gap by comprehensively analyzing the IJV exit literature as an integral part of IJV research, focusing on studies that either apply IJV termination or IJV longevity as a measure of IJV exit. A systematic overview of the contexts and determinants that influence IJV exit is provided and major implications of our findings for directing future research are discussed.

Suggested Citation

  • Nemeth, Alexander & Nippa, Michael, 2011. "Revisiting research on IJV exit: More questions than answers," Freiberg Working Papers 2011,03, TU Bergakademie Freiberg, Faculty of Economics and Business Administration.
  • Handle: RePEc:zbw:tufwps:201103
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    References listed on IDEAS

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    Cited by:

    1. Camara, A. & Cheriet, F. & Fort, F., 2013. "Comment mesurer la performance des alliances stratégiques internationales ? Application aux industries agroalimentaires en Afrique de l’Ouest," Working Papers MOISA 201307, UMR MOISA : Marchés, Organisations, Institutions et Stratégies d'Acteurs : CIHEAM-IAMM, CIRAD, INRA, Montpellier SupAgro - Montpellier, France.
    2. Abdoulaye Camara & Foued Cheriet & Fatiha Fort, 2017. "Comment mesurer la performance des alliances stratégiques internationales ? Application aux industries agroalimentaires en Afrique de l’Ouest," Working Papers hal-01594280, HAL.

    More about this item

    Keywords

    exit; International Joint Venture; longevity; performance; termination; Exit; Internationale Joint Venture; Lebensdauer; Erfolg; Beendigung;

    JEL classification:

    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures
    • L25 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Performance

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