Title

Growth and Survival of International Joint Ventures: An External-Internal Legitimacy Perspective

Publication Type

Journal Article

Publication Date

6-2010

Abstract

The authors examine the growth and survival of international joint ventures (IJVs) from a legitimacy perspective. In a sample of 291 Sino-Japanese joint ventures in China, they found that Chinese parent age, Chinese parent size, and IJV industry relatedness to either parent had a positive effect on IJV growth and/or survival. However, IJV industry relatedness to both parents led to lower rates of IJV growth and survival. The findings highlight the importance for IJVs to obtain both external and internal legitimacy, as well as the difficulties IJVs face in acquiring internal legitimacy from both parents simultaneously.

Discipline

Entrepreneurial and Small Business Operations

Research Areas

Strategy and Organisation

Publication

Journal of Management

Volume

32

Issue

3

First Page

426

Last Page

448

ISSN

0149-2063

Identifier

10.1177/0149206305281399