Explaining IJV Survival in A Transitional Economy Through Social Exchange and Knowledge - Based Perspectives  

Oleh:

Steensma, H. Kevin ; Lyles, Marjorie A.

Jenis: Article from Journal - ilmiah internasional
Dalam koleksi: Strategic Management Journal vol. 21 no. 8 (2000), page 831-852.
Topik: SOCIAL EXCHANGE; internatonal joint ventures; transitional economies; IJV control; IJV learning

Ketersediaan

Perpustakaan Pusat (Semanggi) Nomor Panggil: SS30.6 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada

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Isi artikel

In this study, we combine social exchange and knowledge - based perspectives to develop a general path model of IJV survival. We further refine our expectations by considering the transitional economic context of our study and the somewhat uniqey managerial values resulting from the legacy of marxist ideology. Results from structural equation modelling suggest that an umbalance in the management control structure between the parents leads to parental conflict and an increased likelihood of IJV failure. An imbalance in the ownership control structure, however, had no influence on conflict or survival. In general, support from the foreign parent is positively related to IJV learning and IJV survival. However, higher levels of technical support provided by the foreign parent to the IJV reduced the level of parental conflict, whereas management support had no effect on conflict. Our results suggest some dilemmas for firms pursuing IJVs in transitional economies. Although the foreign parent often contributes critical resources to the IJV, providing it with bargaining power and a high level of influence, an imbalance in management control between the partners may ultimately be detrimental to IJV survival.

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