The partner selection in international joint ventures

The Importance of Partner Selection in Joint Ventures

A Research

Prepared by

Date

Serial Details Page

1 Introduction 3

Overview

3

Definition of Problem

4

Research Objective

5

Methodology and Structure

5

2 Literature Review

7

Use of Joint Ventures

7

Problems between JV Partners

11

Conflict Management between JV Partners 13

3 Findings and Analysis

15

References 16 1 . Introduction

Overview

Achieving constant business growth , in terms of size , sales , technology skills

, profits , and a host of other factors is the undeniable primary priority of most business corporations in today 's intensely competitive business scenario . Spurred by constantly changing technological economic , and political conditions , most business managements continue to look towards achieving constant all round growth , not just to obtain competitive advantage and to satisfy their stakeholders , but also to fuel market prices of company shares , business valuations and the concomitant increases in performance bonuses and management remuneration (Beamish , 1988 . Businesses have traditionally grown through strategies of internal growth and acquisition , acquisitions often enlarging the size of businesses manifold , much more in fact than organic internal growth could ever have done (Beamish , 1988 . The recent acquisition of Arcelor by the Mittals of London is illustrative of how an acquisition can propel a company to the forefront of an industry in terms of size sales , geographic spread , and profits

Capital acquisition , though undoubtedly the most effective vehicle for achieving strategic growth requires significant resources and is unfortunately not a very viable option for most companies , especially those which are...