International Joint Ventures in Developing Countries. Happy Marriages?

R-R Miller, J-D Glen, F-Z Jaspersen and Y Karmokolias

Working Papers from World Bank - International Finance Corporation

Abstract: The study reported here concentrates on a particular form of international corporate entry into developing countries : cross-border joint ventures (JVs). Although offering a variety of positive incentives, ranging in principle from the reduction of financial exposure to the acquisition of complementary knowledge and skills, JVs have had a relatively high failure rate. This study proves why this record seems to be true, and details the types of problems that arise in negotiating JV agreements and, later, in operating the JV itself.

Keywords: DEVELOPING COUNTRIES; JOINT VENTURES (search for similar items in EconPapers)
JEL-codes: G3 O1 (search for similar items in EconPapers)
Pages: 25 pages
Date: 1996
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:fth:wobafi:29

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