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The Stability of Joint Ventures: Reciprocity and Competitive Rivalry
Abstract
The focus of the following empirical analysis is the influence of reciprocity and long-term relationships on the stability of joint ventures. These cooperative incentives are offset by industry structural conditions, which may promote competitive rivalry among the partners. To separate these effects on joint venture survival, the hypothesized relationships are proxied by variables drawn from industry and questionnaire data, and estimated under a hazard model specification. A theoretical implication of the findings is to suggest a shift of attention from the transaction to the economic relationship as the unit of analysis. Copyright 1989 by Blackwell Publishing Ltd.
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Cited by
Parkhe, A. (1993) · Academy of Management Journal · doi:10.2307/256759 · Cited by 2,698
Kale, P., Dyer, J. H., & Singh, H. (2002) · Strategic Management Journal · doi:10.1002/smj.248 · Cited by 1,803
Analyzing Foreign Market Entry Strategies: Extending the Internalization Approach
Buckley, P. J., & Casson, M. C. (1998) · Journal of International Business Studies · doi:10.1057/palgrave.jibs.8490006 · Cited by 875
The Effect of General and Partner-Specific Alliance Experience on Joint R&D Project Performance
Hoang, H., & Rothaermel, F. T. (2005) · Academy of Management Journal · doi:10.5465/amj.2005.16928417 · Cited by 784
Experience effects and collaborative returns in R&D alliances
Sampson, R. C. (2005) · Strategic Management Journal · doi:10.1002/smj.483 · Cited by 443
Metadata
- Authors
- Kogut, B.
- Venue
- The Journal of Industrial Economics
- Publisher
- JSTOR
- Published
- 1989-12
- Volume
- 38
- Issue
- 2
- Pages
- 183
- ISSN
- 0022-1821 (ISSN-L)
- OpenAlex
- W2052715236
- Cited by
- 916
- References
- 0
- FWCI
- 11.45
- Type
- journal article
- Language
- en
- Open access
- closed
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- Kogut, B. (1989). The Stability of Joint Ventures: Reciprocity and Competitive Rivalry. The Journal of Industrial Economics. https://doi.org/10.2307/2098529
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
