International Joint Ventures: Economic and Organizational Perspectives

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 b

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edited by

Kalyan Chatterjee and Barbara Gray Center for Research in Conflict and Negotiation The Pennsylvania State University University Park, Pennsylvania, USA

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SPRINGER SCIENCE+BUSINESS MEDIA, LLC

Library of Congress Cataloging-in-Publication Data International joint ventures : economic and organizational perspectives I Kalyan Chatterjee and Barbara Gray. p. cm. Papers from April, 1992 symposium on "International Joint Ventures and Strategic Alliances," held by the Center for Research in Conflict and Negotiation, The Pennsylvania State University. Includes bibliographical references. ISBN 978-94-017-1946-9 ISBN 978-94-017-1944-5 (eBook) DOI 10.1007/978-94-017-1944-5 1. Investments, Foreign-Congresses. 2. Joint ventures-Congresses. 3. Strategic Alliances (Business)-Congresses. I. Chatterjee, Kalyan. n. Gray, Barbara, 1946-

HG4538.I597 1995 338.8'8-DC20

95-19907 CIP

Copyright © 1995 Springer Science+Business Media New York Originally published by Kluwer Academic Publishers in 1995 Softcover reprint of the hardcover 1st edition 1995 All rights reserved. No part of this publication may be reproduced, stored in a retrieval system or transmitted in any form or by any means, mechanical, photo-copying, recording, or otherwise, without the prior written permission of the publisher, Springer Science+ Business Media, LLC

Printed on acid-free paper.

CONTENTS Introduction

1

Joint Ventures as a Means of Assembling Complementary Inputs

Michael L. Katz

5

Noncooperative, Cooperative, and Delegative R&D

Sugata Marjit and Heling Shi

23

Networks of Innovators: Evidence from Canadian Patents

Stephane Gauvin

33

Patterns of Strategic Alliances between Rival Firms

Bernard Garrette and Pierre Dussauge

51

Agency Costs and the Structure and Performance of International Joint Ventures J. Michael Geringer and C. Patrick Jfbodcock

75

Bargaining Power, Management Control, and Performance in U.S.-China Joint Ventures: A Comparative Case Study

Aimin Hm and Barbara Gray

91

Barriers to International Joint Ventures and Strategic Alliances: A Commentary

Kathryn Rudie Harrigan

127

Transnational Patterns in Commercial Class Aircraft Manufacturing: Why and How Vicki L. Golich 131 Antitrust Analysis of Joint Ventures: An Overview

Dennis A. Yao

145

Appendix

153

Group Decision and Negotiation, 4: 379-382 (1995) © 1995 Kluwer Academic Publishers

International Joint Ventures: Economic and Organizational Perspectives KALYAN CHATI'ERJEE Department of Management Science and Information Systems, Center for Research in Conflict and Negotiation, The Pennsylvania State University, 313 Beam Business Administration Building, University Park. PA 16802 BARBARA GRAY Department ofManagement and Organimtion, Center for Research in Conflict and Negotiation, The Pennsylvania SUite University, 313 Beam Business Administration Building, University Park, PA 16802

In April 1992, the Center for Research in Conflict and Negotiation at The Pennsylvania State University held a symposium on International Joint Ventures and Strategic