An Investigation of Trends in International Joint Venture Activity in Emerging Economies and the Effects of Market Uncertainty
International Joint Ventures (IJVs) enable local partners in emerging economies
to benefit from the technology and know-how of foreign partners, in exchange for
local knowledge and business connections. It however is generally acknowledged
that there has been a decline in the number of new IJVs world-wide since 1995.
This trend has been attributed to the relaxation of restrictions on foreign
investment prompted by the WTO, and operational problems within the IJVs
Current theories offer explanations for IJV activity based on specific
characteristics, but dynamic changes in the market environment itself can also
affect IJV numbers. This paper investigates these effects through media and
industry reports of significant events taking place in the automotive industry
in China since 1990.
||International Joint Ventures, Collaboration, Emerging Economies, China, Foreign Investment, Wholly Owned Subsidiaries
International Journal of Knowledge, Culture and Change Management, Volume 9, Issue 2, pp.161-174.
Article: Print (Spiral Bound).
Article: Electronic (PDF File; 1.328MB).
Senior Research Fellow, WMG, School of Engineering, University of Warwick, Coventry, West Midlands, UK
Dr. Tina Barnes is a Senior Research Fellow with Warwick Manufacturing Group (WMG), University of Warwick. Her early career was spent working in the automotive industry, whilst working toward attaining a degree in manufacturing. Her doctoral research focused on the effective management of university-industry collaboration. Following graduation in 2000, Dr Barnes joined WMG and has continued her involvement with research in the field of collaboration management through the European Consortium of Innovative Universities and an EPSRC-funded project involving the food and drink industry. Her work with WMG brings her into regular contact with industry, supervising doctoral and MSc students based in industry and dealing with industrial problems.
Principal Teaching Fellow, WMG, School of Engineering, University of Warwick, UK
Stephen Raynor is a Principal Teaching
Fellow and leads the “IJV” group. Steve lectures worldwide and prior to
joining WMG held senior positions in industry working on IJV projects.
Associate, WMG, School of Engineering, University of Warwick, UK
John Bacchus worked for WMG for many years
and is now an Associate. In addition to his lecturing experience, John held
several senior positions in industry before joining WMG.
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