Resource diversity in cross-border joint ventures and performance implications

Irem Demirkan

International Journal of Human Rights and Constitutional Studies, 2015, vol. 4, issue 4, 221-243

Abstract: Prior studies, which consider the role of resources in strategic alliances in general and joint ventures in particular have typically focused on the limited physical aspects of a firm. In this study, I base my theoretical framework on the resource-based view and the social capital theory. I examine the effect of diversity of resources, in other words the variety or mix of different kind of resources, which constitutes both physical and social dimensions, on the performance consequences of domestic and international joint ventures. Data were collected on 117 equity joint venture activities in the pharmaceutical, semiconductor, and computer industries over a span of 15 years (1996-2010). The results of this study show that joint venture performance is enhanced under conditions of ownership equity, non-cultural, structural and status diversity. The relationship between cultural diversity and alliance performance improves when joint venture partners share similar business domains and goal orientations. The findings of this study shed light on the important factors that may help or hinder joint venture performance. I conclude with implications for joint venture theory and practice.

Keywords: strategic alliances; resource diversity; international business; resource-based view; RBV; social capital; physical capital; joint venture performance; cross-border joint ventures; computer industry; pharmaceutical industry; semiconductor industry; ownership equity; non-cultural diversity; structural diversity; status diversity; cultural diversity. (search for similar items in EconPapers)
Date: 2015
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.inderscience.com/link.php?id=75382 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijhrcs:v:4:y:2015:i:4:p:221-243

Access Statistics for this article

More articles in International Journal of Human Rights and Constitutional Studies from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().