 An evolutionary approach to study joint venture business performance: an empirical study of international joint ventures in TaiwanCher-Min Fong, Cher-Hung Tseng, Chung-Shing Lee and Hsien-Jui Chung International Journal of Business Performance Management, 2004, vol. 6, issue 1, 22-42 Abstract: This research investigates a series of major events and factors during the life-cycle stages of an international joint-venture (IJV) that may affect the business performance of the venture. The theoretical foundations of this research are joint-venture partner selection, strategic planning, and the theory of social exchange. A sample of 51 US–Taiwanese and Japanese–Taiwanese IJVs operating in Taiwan were collected and analysed. The research results show that factors associated with each major life-cycle stage of the venture exhibit a strong influence on the overall performance of IJVs. Choosing the right partner, comprehensiveness in planning, and post-established interactions between partners, all demonstrate significant impacts on IJV performance. The study reveals that, when managing a cooperative venture, managers should not ignore factors in subsequent evolutionary stages that may influence the IJV performance even though the pre-established conditions are favourable. Keywords: business performance; international joint venture; strategic alliances; Taiwan. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbpma:v:6:y:2004:i:1:p:22-42 Access Statistics for this article More articles in International Journal of Business Performance Management from Inderscience Enterprises Ltd |
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