The evolution and internalization of international joint ventures in a transitioning economy

  title={The evolution and internalization of international joint ventures in a transitioning economy},
  author={H. Kevin Steensma and Jeffrey Q Barden and Charles Dhanaraj and Marjorie A. Lyles and L{\'a}szl{\'o} Tihanyi},
Received: 17 May 2005 Revised: 24 December 2006 Accepted: 22 March 2007 Online publication date: 22 November 2007 Abstract Although international joint ventures (IJVs) may mature over time and develop competitive viability, they maintain some risk of instability owing to their shared ownership. Such instability can ultimately lead to their internalization by one of the partners. In this study, we consider factors that influence (1) whether IJVs evolve toward becoming a wholly owned subsidiary… CONTINUE READING


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