Abstract
We explored the differences between the joint venture, total ownership, and partial equity positions used by Japanese companies investing in U.S. manufacturing via a secondary data analysis. Partial ownership was used significantly more often in high-technology industries. Joint ventures were significantly more likely to be used in politically sensitive industries and in new entities, and when the Japanese partner had experience with the product.
Original language | English (US) |
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Pages (from-to) | 462-479 |
Number of pages | 18 |
Journal | Academy of Management Journal |
Volume | 40 |
Issue number | 2 |
DOIs | |
State | Published - Apr 1997 |
All Science Journal Classification (ASJC) codes
- Business and International Management
- General Business, Management and Accounting
- Strategy and Management
- Management of Technology and Innovation