Autonomy and Dependence of International Cooperative Ventures: An Exploration of the Strategic Performance of U.S. Ventures in Mexico

Publication Type

Journal Article

Publication Date

2002

Abstract

Researchers have begun to view international cooperative ventures as complex, multiparty organizations in which foreign and local firms and the venture itself all have distinct roles. This approach has important implications for the venture strategies of foreign firms in emerging economies. This study explores relationships between the resource contributions of parent firms and US managers' assessment of venture performance in a sample of established US-Mexican ventures. The research suggests that mature cooperative ventures are expected to achieve autonomy from parent firms in key areas at the same time that certain forms of strategic dependency also are important to success.

Keywords

cooperative ventures, Mexico, international strategy, resource-based strategy, emerging economy

Discipline

Business

Research Areas

Strategy and Organisation

Publication

Strategic Management Journal

Volume

23

Issue

10

First Page

881

Last Page

901

ISSN

0143-2095

Identifier

10.1002/smj.260

Publisher

Wiley

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