Health care exempt organizations have many options regarding their structure and affiliations with for-profit entities. As long as any joint ventures are carefully structured and the nonprofit retains control over the exempt health care activities, the Internal Revenue Service should not question the structure. However, as outlined above, if the for-profit entity effectively gains control over ...

The opportunities for international public health collaboration through joint business ventures between the USSR and Western nations, an arrangement that would benefit the public, industry, and the medical community, are discussed. Evidence indicates that the state of health of the Soviet population is declining rapidly; the Soviet minister has called for a major restructuring of the health ca...

In a simple model, we show that a joint venture can implement the rates of investment that maximize joint profit when firms’ research abilities are private information. This can be done with budget balance, even though there are participation constraints. There is no conflict between budget balance and participation constraints because firms’ payoffs can depend on ex post signals of abilities. ...

Article history: Received 25 February 2011 Received in revised form 31 March 2012 Accepted 29 August 2012 Available online 7 September 2012 Real option analysis has been applied to strategies of market entry and global expansion, predominantly in combination with the formation of alliances and joint ventures. Albeit joint venturing based on option pricing theory is studied in both disciplines, ...

New knowledge (especially technological knowledge) is viewed as the foundation for innovation, change, and sustainable competitive advantage. Today, there is no doubt that knowledge is one of the most strategic weapons that can lead to achieving competitive success (Grant, 1996). The primary role of research and development (R&D) within organizations is to create new knowledge or recombine exis...

P research suggests that equity joint ventures (JVs) are particularly effective vehicles for accessing complex technology. Different schools of thought have emphasized different reasons why joint ventures might support greater knowledge transfer than “bare” license agreements: incentive alignment, organizational embeddedness, and enhanced administrative controls. We probe and refine these theor...

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...