scispace - formally typeset
Journal ArticleDOI

Joint ventures: Theoretical and empirical perspectives

Bruce Kogut
- 01 Jul 1988 - 
- Vol. 9, Iss: 4, pp 319-332
Reads0
Chats0
TLDR
In this paper, the authors compare the perspectives of transaction costs and strategic behavior in explaining the motivation to joint venture and propose a theory of joint ventures as an instrument of organizational learning.
Abstract
This paper compares the perspectives of transaction costs and strategic behavior in explaining the motivation to joint venture. In addition, a theory of joint ventures as an instrument of organizational learning is proposed and developed. Existing studies of joint ventures are examined in light of these theories. Data on the sectoral distribution and stability of joint ventures are presented.

read more

Citations
More filters
Journal ArticleDOI

The Relational View: Cooperative Strategy and Sources of Interorganizational Competitive Advantage

TL;DR: In this paper, the authors argue that an increasingly important unit of analysis for understanding competitive advantage is the relationship between firms and identify four potential sources of interorganizational competitive advantage: relation-specific assets, knowledge-sharing routines, complementary resources/capabilities, and effective governance.
Journal ArticleDOI

The Effect of National Culture on the Choice of Entry Mode

TL;DR: In this paper, the authors investigated the influence of national culture on the choice of entry modes in the United States market by analysing data on 228 entries into the market by acquisition, wholly owned greenfield and joint venture.
Journal ArticleDOI

Relative absorptive capacity and interorganizational learning

TL;DR: In this article, the authors reconceptualize the firm-level construct absorptive capacity as a learning dyad-level measure, relative absorptive capacities, and test the model using a sample of pharmaceutical-biotechnology R&D alliances.
Journal ArticleDOI

Competition for competence and interpartner learning within international strategic alliances

TL;DR: In this paper, a detailed analysis of nine international alliances yielded a fine-grained understanding of the determinants of interpartner learning, concluding that not all partners are equally adept at learning, that asymmetries in learning alter the relative bargaining power of partners, stability and longevity may be inappropriate metrics of partnership success, and partners may have competitive, as well as collaborative aims, vis-a-vis each other.
Journal ArticleDOI

Social Capital, Networks, and Knowledge Transfer

TL;DR: In this paper, the authors examine how social capital dimensions of networks affect the transfer of knowledge between network members and propose a set of conditions that promote knowledge transfer for the different network types.
References
More filters
Book ChapterDOI

The iron cage revisited institutional isomorphism and collective rationality in organizational fields

TL;DR: In this paper, the authors argue that rational actors make their organizations increasingly similar as they try to change them, and describe three isomorphic processes-coercive, mimetic, and normative.
Journal ArticleDOI

The Economic Institutions of Capitalism

TL;DR: The Economic Institutions of Capitalism as mentioned in this paper is a seminal work in the field of economic institutions of capitalism. Journal of Economic Issues: Vol. 21, No. 1, pp. 528-530.
Book

The Tacit Dimension

TL;DR: The Tacit Dimension, originally published in 1967, argues that such tacit knowledge - tradition, inherited practices, implied values, and prejudgments - is a crucial part of scientific knowledge.
Book

Organizations in Action

Related Papers (5)