Based on an extensive survey of joint ventures JVs in theinformation technology industry, this article develops a profile of thejoint venturing firm, explores joint venture motivations, and relatesjoint venture success to conditions that motivate JV formation. Findingssuggest that JVs are motivated by critical strategic deficiencies withinparticipating parent firms and that JV goals focus on shorttermsolutions to immediate performance problems. However, findings furtherindicate that JVs are not particularly well suited to short term goals.It is argued that JVs hold the potential to serve as positive vehiclesfor strategic change if they are viewed as means to achieve longer termobjectives.
Journal of Organizational Change Management – Emerald Publishing
Published: Jan 1, 1991
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