The evolving value of foreign partnerships in transitioning economies

• 成果类型: Article
• 署名作者: Steensma, HK; Tihanyi, L; Lyles, MA; Dhanaraj, C
• 署名单位: University of Washington; University of Washington Seattle; University of Oklahoma System; University of Oklahoma - Norman; Indiana University System; IU Kelley School of Business; Indiana University Bloomington
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• 发表日期: 2005
• 页码: 213-235
• 关键词: ABSORPTIVE-CAPACITY; joint ventures; ORGANIZATIONAL TRANSFORMATION; COOPERATIVE VENTURES; STRATEGIC ALLIANCE; transaction costs; performance; resource; firm; TECHNOLOGY

摘要

Through studying joint ventures during the early (1993) and late phases (2001) of Hungary's economic transition to market economy, we demonstrate how institutional and economic transformation alters foreign parents' roles in the success of joint ventures. Foreign parent decision influence and resource provision affected market performance and knowledge acquisition differently in the two phases. We conjecture that the value of foreign partner involvement in a transition economy depends in part on the maturity of the transition.