articleTop 1% cited
Joint ventures: Theoretical and empirical perspectives
Strategic Management Journal · 1988 · Vol. 9(4) · pp. 319–332
Bruce Kogut✉(University of Pennsylvania)
Abstract
Abstract This paper compares the perspectives of transaction costs and strategic behavior in explaining the motivation to joint venture. In addition, a theory of joint ventures as an instrument of organizational learning is proposed and developed. Existing studies of joint ventures are examined in light of these theories. Data on the sectoral distribution and stability of joint ventures are presented.
Corporate Finance and GovernanceFirm Innovation and GrowthFinancial Reporting and Valuation ResearchJoint (building)Joint ventureTransaction costIndustrial organizationBusinessEmpirical researchDatabase transactionNew VenturesStability (learning theory)Distribution (mathematics)
Citations
3,329
FWCI
41.23
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References
56
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100%
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Strategic Management Journal · 1988 · 1,826 citations
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American Sociological Review · 1983 · 9,082 citations
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