Partner diversity and the survival of joint ventures

被引：1
作者：
Liang, He [1 ]
Luan, Xiaoli [2 ]
Guo, Junru [3 ]
Lan, Qingxin [2 ]
机构：
[1] Tianjin Univ Finance & Econ, Sch Econ, Dept Int Econ & Trade, Tianjin, Peoples R China
[2] Univ Int Business & Econ UIBE, Sch Int Trade & Econ, 10 Huixin West St, Beijing 100000, Peoples R China
[3] Nankai Univ, Sch Econ, Tianjin, Peoples R China
来源：
APPLIED ECONOMICS | 2024年
基金：
中国国家自然科学基金;
关键词：
Joint ventures; partner diversity; survival analysis; F23; L24; O57; PERFORMANCE; INNOVATION; KNOWLEDGE; GOVERNANCE; NETWORKS; RETURNS; NUMBER; US;
D O I：
10.1080/00036846.2024.2342071
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper empirically examines how sources of partner diversity affect the duration of international joint ventures (JVs). We argue that synergy effect among multi-party JVs causes complementary advantages and business resource diversity, which is conducive to the survival of JVs relationship. Our estimation results show that partners diversity not only alleviates the death risk of joint venture, but also reduces the probability of sole proprietorship of them. Moreover, partners diversity can significantly stimulate the tendency and output of joint ventures' R&D and innovation, wherein the joint R&D as an effective method promote joint ventures' survival and development.
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收藏
页数：15
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