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More than two are a crowd. Different paths to effectiveness in dyadic and multi-party joint ventures

Author

Listed:
  • Garcia-Canal, Esteban

    (Universidad de Oviedo)

  • Valdes, Ana

    (Universidad de Oviedo)

  • Ariño, Africa

    (IESE Business School)

Abstract

Using data from 87 joint venture (JV) experiences, we compared the effectiveness of dyadic and multi-party JVs. We show that dyadic JVs are more effective than multi-party ones, and that the conditions resulting in an enhanced effectiveness differ for the two groups: while relational embeddedness significantly influences the effectiveness of dyadic JVs, monitoring mechanisms are pivotal in the case of multi-party JVs.

Suggested Citation

  • Garcia-Canal, Esteban & Valdes, Ana & Ariño, Africa, 1999. "More than two are a crowd. Different paths to effectiveness in dyadic and multi-party joint ventures," IESE Research Papers D/385, IESE Business School.
    • Handle: RePEc:ebg:iesewp:d-0385
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    References listed on IDEAS

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