Management of Sino-Sino Joint Ventures

Autor: Paul Buszard, Shaukat Ali, T. S. Leung
Rok vydání: 2006
Předmět:
Zdroj: Journal of Transnational Management. 11:41-61
ISSN: 1547-5786
1547-5778
DOI: 10.1300/j482v11n01_04
Popis: Since China's implementation of its open-door policy in 1979, the most effective way to obtain a foothold has proved to be to create joint ventures (JV) with a Chinese business partner. The foreign partner provides the transfer of technology, management skills, financing and access to international markets, whilst the Chinese partner contributes a production base with cheap land and labor, contacts with central and local government officials and access to the domestic Chinese market. The Chinese economy has benefited to a large extent from the creation of joint ventures in the past two decades. Hong Kong firms have used China as a production base for many years, usually with great success and to the mutual benefit of both. However, although Hong Kong firms had considerable experiences in running business and manufacturing operations in China, several have suffered substantially from their investment in joint ventures with Chinese partners. This paper evaluates various issues relating to the perfo...
Databáze: OpenAIRE