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dc.contributor.authorMohr, Alexander T.*
dc.contributor.authorPuck, J.F.*
dc.date.accessioned2009-10-13T06:36:21Z
dc.date.available2009-10-13T06:36:21Z
dc.date.issued2005
dc.identifier.citationMohr, A.T. and Puck, J.F. (2005). Managing functional diversity to improve the performance of international joint ventures. Long Range Planning. Vol. 38, No. 2, pp. 163-182.en
dc.identifier.urihttp://hdl.handle.net/10454/3644
dc.descriptionNoen
dc.description.abstractInternational Joint Ventures (IJVs) have become one of the most important ways for companies to expand their activities and exploit business opportunities abroad. In China, for example, which has become the world's largest recipient of Foreign Direct Investment, IJVs with local companies are the most important way of doing business. However, many companies have learnt that the performance of their joint ventures in China does not meet their expectations. This study focuses on functional diversity - differences in business practices between foreign and local companies - and its influence on IJV performance. We investigate the influence of this functional diversity on the performance of IJVs and discuss how companies can moderate this influence through adaptation, trust, commitment and communication. Hypotheses are formulated and empirically tested using data gathered through a questionnaire survey of managers of German-Chinese IJVs. The results show that although functional diversity has a negative impact on IJV performance, managers can influence the magnitude of this impact. We use insights from interviews with managers of German-Chinese IJVs in China to supplement our discussion and provide some indication of best practice.en
dc.language.isoenen
dc.relation.isreferencedbyhttp://dx.doi.org/doi:10.1016/j.lrp.2005.02.004en
dc.subjectInternational Joint Venturesen
dc.subjectIVCsen
dc.subjectGerman-Chinese IJVsen
dc.subjectChinaen
dc.subjectFunctional diversityen
dc.titleManaging functional diversity to improve the performance of international joint ventures.en
dc.status.refereedYesen
dc.typeArticleen
dc.type.versionNo full-text available in the repositoryen


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