joint venture to achieve full efficiency at low transaction costs. Specifically, we study whether capacity should be owned … to coordinate under joint ownership, but may entail high transaction costs under separate ownership when the joint … venture consists of many firms with different profit margins. On the other hand, capacity investments remain simple to …

participation. Furthermore, joint-venture (JV) project participation and university participation in a project both appear to have a …

considers competition between two asymmetric foreign investors and captures the following tradeoffs: while a joint venture helps … be shared with the local partner. The model predicts that the efficient foreign investor is less likely to choose a joint … venture and more likely to enter directly relative to the inefficient investor. The authors' empirical analysis supports this …

offshore outsourcing and International Joint venture operations …

This paper develops a network theory based framework of manufacturing joint venture formations and provides an … network size, ego network density, and ego network betweenness centrality on new manufacturing joint venture formations are … potential partner have significant effects on new manufacturing joint venture formations. Findings regarding the role of ego …

political power to expropriate productive assets. In a joint venture, the domestic asset owner bears the risk of expropriation …