Abstract
Today, international joint ventures (IJVs) are widely acknowledged as a viable strategic option. Unfortunately, IJVs have an estimated 60 per cent rate of failure. Shaker Zahra and Galal Elhagrasey suggest that executives can reduce this high failure rate by determining the need for the venture; by carefully selecting compatible IJV partners; by patiently and thoroughly negotiating the purpose, form, scope, duration, and administrative structure of the venture; and by managing problems as they occur during the course of the IJV project. This article provides a step-by-step model of these issues, highlighting potential problems executives may face and how they can address them.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
