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Joint Ventures as a Vehicle for Strategic Change Opportunities and Pitfalls

Joint Ventures as a Vehicle for Strategic Change Opportunities and Pitfalls 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. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Organizational Change Management Emerald Publishing

Joint Ventures as a Vehicle for Strategic Change Opportunities and Pitfalls

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Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0953-4814
DOI
10.1108/09534819110135550
Publisher site
See Article on Publisher Site

Abstract

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

Journal of Organizational Change ManagementEmerald Publishing

Published: Jan 1, 1991

References