This paper looks at the strategy evolution and learning orientations of international joint ventures through an in-depth study of a Chinese-Japanese joint venture. We examine the joint venture’s strategy evolution, culture embedment and technology evolution and link these with its learning orientations. We highlight the tension between exploratory learning and exploitative learning in the joint...

Smooth cordgrass (Spartina alterniflora), a tall grass native to the east coast, has invaded Willapa Bay, Washington, and the San Francisco Bay, California. Management with glyphosate and imazapyr can be effective, but in the San Francisco populations, applications in several sites are confined to short periods in the fall in order to protect nesting habitats of Clapper rails (Rallus longirostr...

In the year 2000 GM and Fiat entered a strategic joint venture of shareholding and management power. The executives of both companies designed a tactical joint venture contract characterized by flexible options. Flexibility was critical for a long-term investment in the dynamic auto industry environment. A key question was how to value this flexibility. An analysis on the joint venture provides...

This study examines the valiie relevance of miindated disclosures by UK firms of the investor-finn share o{ liabilities of equily-aecounled ass(x:iaie and joint venture inveslecs. It does so for the six years following the intrtxluction of FRS 9: AssovUiWs ami Join! Ventures, which forced a substantial increase in such disclosures by UK firms. Since ihe increased disclosure requirements were pa...

— The oil palm boom has prompted governments and plantation companies to find ways to incorporate customary landholders in large-scale plantation developments. This paper examines the joint-venture model that has been widely promoted in Sarawak, Malaysia. Principal–agent theory is used to analyze the structural relations between the actors in joint-venture projects—the landholders, the governme...

As innovation and technology management grow in complexity the need for inter-organizational cooperation increases. Part of this coop eration requires the understanding of how knowledge management and learning processes may function to support a successful research and development collaboration. To further this understanding we introduce a typology to help categorize various collaborati ve effo...

Even though many studies have discussed outsourcing contracts from the client’s perspective, little research has been done from the vendor’s perspective. In this paper, we consider a vendor’s outsourcing contract decision-making process, during which the market price and the vendor’s operation cost are uncertain. This paper develops real option models to investigate whether a vendor firm should...

We develop a theory of a multinational corporation’s optimal mode of entry in a new market. The foreign firm can choose between a licensing agreement, a wholly owned subsidiary or shared control (joint venture). In an environment in which property rights are insecure, opportunism is possible, and the identification of new business opportunities is costly, we show that the relationship between t...

Historically, senior executives have taken four approaches to transformation: do-ityourself, management consultants, fee-for-service outsourcing, and even the occasional joint venture. While these approaches remain viable for various contexts, a new one has emerged that warrants attention: the enterprise partnership, where a customer and supplier create a jointly owned enterprise that both serv...