A Literature-Based Analysis and Comparative Assessment of Key Success Factors for Managing Russian-Foreign IJVs

Abstract

The economic significance of International Joint Ventures (IJVs) has attracted a lot of academic research, resulting in a broad variety of studies of which many focus on key success factors of IJVs in emerging countries. Whereas success determinants of IJVs in China have continuously been in the very forefront of scholarly interest, empirical research on success factors of IJVs in other transitional market economies such as e.g., the Russian Federation (Russia) is rather neglected. Thus, this paper aims at filling the research gap by rigorously selecting and categorizing relevant publications on success factors of Russian- and Soviet-Foreign IJVs. Based on a comparative assessment with prior research on success determinants of Sino-Foreign IJVs propositions are deduced for further research on Russian-Foreign IJVs. In doing so, our synopsis draws upon both, fundamental criticism regarding IJV research in general and recent appraising looks on key success factor research of Sino-Foreign IJVs in specific.