Use of Minority and 50–50 Joint Ventures by United States Multinationals During the 1970s: The Interaction of Host Country Policies Corporate Strategies

Abstract

This article examines geographical, sectoral, and corporate trends in the use of minority and 50-50 joint ventures by U.S. multinational manufacturing and mining firms in less developed countries (LDCs) during the 1970s. It is based primarily on data found in the Harvard Multinational Enterprise Data Base, as updated through the mid-1970s, and supplemented with corporate performance data for the 1975-1980 period from a new international Competitive Analysis (ICA) database developed with support from the General Electric Foundation.