The Stability of Joint Ventures: Reciprocity and Competitive Rivalry
Journal of Industrial Economics, 1989, vol. 38, issue 2, 183-98
The focus of the following empirical analysis is the influence of reciprocity and long-term relationships on the stability of joint ventures. These cooperative incentives are offset by industry structural conditions, which may promote competitive rivalry among the partners. To separate these effects on joint venture survival, the hypothesized relationships are proxied by variables drawn from industry and questionnaire data, and estimated under a hazard model specification. A theoretical implication of the findings is to suggest a shift of attention from the transaction to the economic relationship as the unit of analysis. Copyright 1989 by Blackwell Publishing Ltd.
References: Add references at CitEc
Citations: View citations in EconPapers (185) Track citations by RSS feed
Downloads: (external link)
http://links.jstor.org/sici?sici=0022-1821%2819891 ... 0.CO%3B2-O&origin=bc full text (application/pdf)
Access to full text is restricted to JSTOR subscribers. See http://www.jstor.org for details.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:bla:jindec:v:38:y:1989:i:2:p:183-98
Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=0022-1821
Access Statistics for this article
Journal of Industrial Economics is currently edited by Pierre Regibeau, Yeon-Koo Che, Kenneth Corts, Thomas Hubbard, Patrick Legros and Frank Verboven
More articles in Journal of Industrial Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().