The first book-length treatment of theories, practical lessons, and the full set of critical issues that affect international joint ventures. It addresses culture, human resources, learning, legal, management, and research and development, and presents a full set of decisions and detailed guidelines for IJV formation and management. It also thoroughly analyzes 30 case studies.

International Joint Ventures: Economic and Organizational Perspectives is the result of a symposium on International Joint Ventures and Strategic Alliances held by the Center for Research in Conflict and Negotiation at Pennsylvania State University. The book gives a cross-disciplinary treatment of the economic and managerial issues affecting joint venture formation, operation and performance, including subjects ranging from the impact of international trade policy to cross-cultural communication on joint venture operations. The volume enriches our understanding of each discipline from the vantage point of the other, building a more complete understanding of joint ventures as a mode of entry into domestic and international markets. Two categories of question are analyzed: issues of importance to the joint potential and actual participants in a joint venture, and issues related to the social effects of joint ventures from the point of view of society as a whole or its agent, the regulator. The questions are addressed using simple theoretical models and conceptual discussions as well as empirical analyses. Audience: Executives, policy makers and scholars of economics, decision analysis, political science and management.

International joint ventures (IJVs) have become a big feature of the business world, which means that more and more business people are faced with the task of managing this complicated organizational form. IJV management is difficult - it involves complex structures, cultural differences and the ever-present problem of co-ordinating business across international boundaries. This book addresses the main issues of IJV management in a practical and straightforward way: its purpose is to make International joint ventures work.

On the basis of discussions and analysis of the current environment for international competition, this book was written to dispel misconceptions regarding the motivating forces behind internationalization and, therefore, to improve understanding of both the challenges and the opportunities of a global market and production base. Important consequences of internationalization for both manufacturers and national policy are described. The volume provides an assessment of what it takes to be successful as manufacturers and as a nation in the international competitive environment.