An Analysis on Factors of Success for Chinese/European JVs in Culture Aspect
نویسنده
چکیده
China is the largest recipient of foreign direct investment (FDI) among all developing countries (Tsang, 1998). Nowadays, more and more worlds leading multi-national companies have set out on a joint venture with Chinese State owned enterprises. The main motive for many European companies in establishing the enterprise in China is to gain entry to its potentially large market (Strange, 1998). A successful joint venture will offer the access to large market and the access to greater resources, including specialized staff and technology. It allows the firm to share the costs and risks with the partner. However, the potential problems of cooperating with a partner from a different national culture led to some unique risks. The cultural difference may also create ambiguities in the relationship, which may result in conflict and even dissolution of the enterprise (Barkerma, 1997). The principal reason why joint ventures fail is not because the contracts are poorly written but because the managers involved failed to make them work (Harrigan, 1986). This paper is a comparative study based on the Chinese culture environment and the international business environment literature. This paper focuses on the Chinese cultural environment and also compare with the European culture in order to find out the critical element for the success of the European/Chinese joint venture enterprise.
منابع مشابه
Strategic Planning Success Factors in Hospitals: A Qualitative Study
Background and aim: Strategic planning (SP) is the art and science of strategic analysis of an organization, forecasting changes in an organization’s internal and external environments, setting strategic goals, developing suitable strategies, and allocating optimal resources to achieve competitive advantage. Strategic planning plays an important role in promoting hospital success. However, it h...
متن کاملCulture of Chinese carps using anaerobic fermented cow manure (Slurry) and comparison of survival and growth factors versus traditional culture
The objective of this project is to compare growth and survival rate in Chinese carps reared under traditional culture conditions versus those reared in ponds treated with slurry (anaerobic fermented of cow manure). This experiment was conducted using two treatments one treatment using slurry and the other using cow manure plus chemical fertilizer as the control with three replicates for each....
متن کاملCulture of Chinese carps using anaerobic fermented cow manure (Slurry) and comparison of survival and growth factors versus traditional culture
The objective of this project is to compare growth and survival rate in Chinese carps reared under traditional culture conditions versus those reared in ponds treated with slurry (anaerobic fermented of cow manure). This experiment was conducted using two treatments one treatment using slurry and the other using cow manure plus chemical fertilizer as the control with three replicates for each....
متن کاملCultural Differences Encountered by a Novice Chinese Immersion Teacher in an American Kindergarten Immersion Classroom
The research objective of this study was to explore the cultural differences and challenges encountered by the Chinese Immersion Teacher (CIT) and how the CIT deal with the cultural differences in the immersion classroom. A qualitative case study approach was chosen for this research. The participant was a novice kindergarten immersion teacher who was born and educated in a Chinese-speaking cou...
متن کاملCultural Differences Encountered by a Novice Chinese Immersion Teacher in an American Kindergarten Immersion Classroom
The research objective of this study was to explore the cultural differences and challenges encountered by the Chinese Immersion Teacher (CIT) and how the CIT deal with the cultural differences in the immersion classroom. A qualitative case study approach was chosen for this research. The participant was a novice kindergarten immersion teacher who was born and educated in a Chinese-speaking cou...
متن کامل