Contract, cooperation, and performance in international joint ventures
Abstract
This study examines how contract, cooperation, and performance are associated with one another within international joint ventures (IJVs). We argue that contract and cooperation are not substitutes but complements in relation to IJV performance. An IJV contract provides an institutional framework guiding the course of cooperation, while cooperation overcomes the adaptive limits of contracts. Our analysis of 293 IJVs in a dynamic market...
Paper Details
Title
Contract, cooperation, and performance in international joint ventures
Published Date
Oct 1, 2002
Journal
Volume
23
Issue
10
Pages
903 - 919
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