Revisiting multinational firms' tolerance for joint ventures: A trust-based approach (Reprinted from Journal of International Business Studies, (1995) 26, 117-137)
成果类型：
Reprint
署名作者：
Madhok, A
署名单位：
York University - Canada; Utah System of Higher Education; University of Utah
刊物名称：
JOURNAL OF INTERNATIONAL BUSINESS STUDIES
ISSN/ISSBN：
0047-2506
DOI：
10.1057/palgrave.jibs.8400161
发表日期：
2006
页码：
30-43
关键词：
摘要：
In spite of the increasing popularity of international joint ventures, managers express a high level of dissatisfaction with them. This paper argues that overemphasis on the outcome has resulted in a neglect of the social processes underlying the outcome. The paper elaborates upon the rationale for a cooperative approach towards interorganizational collaborative relationships based on trust, and discusses it in the context of joint ventures. This is then applied towards understanding multinational ownership preferences and tolerance for joint ventures. It is argued that trust-centered logic is largely consistent with approaches that emphasize the issue of ownership, and deepens and enriches the insights provided by the latter. A shift in focus from ownership to relational dynamics is encouraged.