Effectiveness of Dyadic and Multi-Party Joint Ventures

  title={Effectiveness of Dyadic and Multi-Party Joint Ventures},
  author={Esteban Garc{\'i}a-Canal and Ana Vald{\'e}s-Llaneza},
  • Esteban García-Canal, Ana Valdés-Llaneza
  • Published 2003
Using data from 80 joint-venture (JV) experiences, this article compares the influence on JV effectiveness of two alternative ways of management: relational investment and formal control. Our results show that the adoption of one or another is contingent upon the number of partners: while relational investment significantly influences the effectiveness of dyadic JVs, formal control is pivotal in the case of multi-party JVs. 

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