Effective knowledge sharing is vital to the success of international joint ventures. To ensure that organizational knowledge in a joint venture can be smoothly communicated and exchanged between its employees in a multiculture environment, the impact of culture on knowledge sharing needs to be well understood. This paper investigates the impact of culture on knowledge sharing in Chinese joint v...

Our central proposition is that monitoring costs increase with physical distance, and hence, direct investments located further from the foreign investor’s home base should be more likely formed as joint ventures. Tests on a data set of Taiwanese direct investments in Mainland China provide robust support to the hypothesis. A project that was located 1000 kilometers further away was 13-17% more...

Though there is a body of theoretical literature on research joint venture (RJV) participation facilitating collusion, empirical tests are rare. Even more so, there are few empirical tests on the general theme of collusion. This note tries to fill this gap by assuming a correspondence between the stability of research joint ventures and collusion. By using data from the US National Cooperation ...

Cooperative business relationships are dramatically changing the structure of the North American agri-food sector. An examination of recent events in the grain industry reveals the extent to which cooperative ventures are becoming integrated into international agribusiness. When Cargill decided to expand its presence in Canada it participated in several joint ventures, one with Hazzard Farm Ser...

Among the recent innovative strategies for coping with product variety and market risk some firms have partnered to leverage economies of scale and risk pooling by sharing manufacturing capacity. In this paper we study how to structure such a joint venture to achieve full efficiency at low transaction costs. Specifically, we study whether capacity should be owned jointly or separately. Overall,...

Alliances represent a variety of governance contexts, and hence provide a rich empirical setting for studying the value-creation mechanisms of Information Technology (IT). We examine the influence of IT investment and flexible IT infrastructure, through Service Oriented Architecture (SOA), in the effect of alliance activity on firm performance. We find that the marginal contribution of each joi...

We show that joint ownership (partnership or joint venture) can implement Þrst best in a twice repeated game when each agent believes that the other party is honest with a very small probability. In the Þnal period the ownership structure is renegotiated because joint ownership is ex post inefficient. If an agent has cheated her outside option is very low since by cheating she has lost her repu...