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The Exogamic Nature of Sino-Foreign Joint Ventures

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  • Dominique Jolly

Abstract

The paper suggests that Sino-foreign joint ventures areexogamicpartnerships. Three hypotheses were formulated: (1) partners pool differentiated sets of idiosyncratic and non-substitutable resources into their joint ventures; (2) they establish cooperation to gain access to resources provided by their counterparts; (3) the younger the partnership, the less the partners contribute with idiosyncratic resources. A questionnaire investigation was conducted into 67 Sino-foreign joint ventures. The test for H1 clearly demonstrated that each partner pools very different resources into the joint venture. H2 was also clearly supported by the data collected. However, H3 was weakly supported. Copyright Springer Science + Business Media, Inc. 2005

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  • Dominique Jolly, 2005. "The Exogamic Nature of Sino-Foreign Joint Ventures," Asia Pacific Journal of Management, Springer, vol. 22(3), pages 285-306, September.
    • Handle: RePEc:kap:asiapa:v:22:y:2005:i:3:p:285-306
    DOI: 10.1007/s10490-005-3570-9
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    2. Li Dong & Keith Glaister, 2007. "National and corporate culture differences in international strategic alliances: Perceptions of Chinese partners," Asia Pacific Journal of Management, Springer, vol. 24(2), pages 191-205, June.
    3. Yue Wang & Stephen Nicholas, 2007. "The formation and evolution of non-equity strategic alliances in China," Asia Pacific Journal of Management, Springer, vol. 24(2), pages 131-150, June.

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