The Stability of Joint Ventures: Reciprocity and Competitive Rivalry
The Stability of Joint Ventures: Reciprocity and Competitive Rivalry
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DOI：
10.2307/2098529
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发表时间：
1989-12
影响因子：
1.3
通讯作者：
B. Kogut
中科院分区：
文献类型：
--
作者：
B. Kogut
以下实证分析的重点是互惠和长期关系对合资企业稳定性的影响。这些合作激励措施被行业结构条件所抵消，这可能会促进合作伙伴之间的竞争。为了分离这些对合资企业生存的影响，假设的关系是由来自行业和问卷调查数据的变量代理的，并根据风险模型规范进行估计。研究结果的一个理论意义是建议将注意力从交易转移到经济关系作为分析单位。版权所有1989年由布莱克韦尔出版有限公司。
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.