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An investigation of trends in international joint venture activity in emerging economies and the effects of market uncertainty

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Barnes, Tina Angela, Raynor, S. A. and Bacchus, W. J.. (2009) An investigation of trends in international joint venture activity in emerging economies and the effects of market uncertainty. The International Journal of Knowledge, Culture and Change Management, Vol.9 (Iss.2). pp. 161-174. ISSN 1447-9524

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Official URL: http://ijm.cgpublisher.com/product/pub.28/prod.101...

Abstract

International Joint Ventures (IJVs) enable local partners in emerging economies to benefit from the technology and know-how of foreign partners, in exchange for local knowledge and business connections. It however is generally acknowledged that there has been a decline in the number of new IJVs world-wide since 1995. This trend has been attributed to the relaxation of restrictions on foreign investment prompted by the WTO, and operational problems within the IJVs themselves. Current theories offer explanations for IJV activity based on specific characteristics, but dynamic changes in the market environment itself can also affect IJV numbers. This paper investigates these effects through media and industry reports of significant events taking place in the automotive industry in China since 1990.

Item Type: Journal Article
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
Divisions: Faculty of Science > WMG (Formerly the Warwick Manufacturing Group)
Journal or Publication Title: The International Journal of Knowledge, Culture and Change Management
Publisher: Common Ground Publishing
ISSN: 1447-9524
Date: 2009
Volume: Vol.9
Number: Iss.2
Number of Pages: 14
Page Range: pp. 161-174
Status: Peer Reviewed
Publication Status: Published
Access rights to Published version: Restricted or Subscription Access
Version or Related Resource: This item was also given as a presentation at the Ninth International Conference on Knowledge, Culture and Change in Organisations, Boston, MA, U.S.A., Jun 24 - 27, 2009.
URI: http://wrap.warwick.ac.uk/id/eprint/46879

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