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AA00260492-19990001-0087.pdf
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Download
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:676.5 KB
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:Dec 26, 2009 |
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Total downloads since Dec 26, 2009 : 2388
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| Title |
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A SIMPLE THEORY OF JOINT VENTURE BREAK DOWN
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KABIRAJ, Tarun
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Indian Statistical Institute
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Keio Economic Society, Keio University
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1999
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Keio economic studies
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36
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1
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1999
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87
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98
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| Abstract |
This paper provides a theory of joint venture instability. It shows that initially a joint venture is formed between a multinational and a domestic firm to exploit synergistic advantages of each other; however, eventually break down occurs and the collaborating partners become 'friendly apart' as the other domestic firms catch up on the joint venture. The paper also determines the date of joint venture break down.
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