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International joint ventures as an international business mode : a study of Australian-Indian joint ventures in India

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As-Saber, Sharif Nafe (1999) International joint ventures as an international business mode : a study of Australian-Indian joint ventures in India. PhD thesis, University of Tasmania.

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Abstract

In recent years, India, the world's second most populous country, has been emerging
as one of the fastest growing economies with enormous market potential. Since the
beginning of India's economic liberalisation in the late 1980s, it has been attracting
foreign investment from around the world. However, for many foreign companies,
forming international joint ventures (UVs) with a local partner remains the preferred
international business mode for entering the Indian market. Based on nine AustralianIndian
UVs, this thesis empirically examines three major areas of the UV literature,
viz., factors influencing the motivation to form UVs with a local partner, the
complexity and the extent of the firm's involvement in the UV formation process and
the factors responsible for UV success during the implementation stage.
Multiple case study method was used to conduct the research. A combination of
deductive and inductive processes was applied to capture the complexity and
dynamism of the real world situation. Primarily, the context of the research is
presented as it is reflected in the extant literature and the available market
information. The conceptual framework, research question and proposition sets were
framed on the basis of this research context. In-depth, face-to-face interviews were
conducted with the management of nine UVs, their Australian parents and their Indian
hosts. Prior theories were employed as templates for measuring outcomes. Direct
observations, company documentation and other secondary information were used to
assist in the interpretation of the primary data.
This research has determined that UVs are an important means of Australian
companies doing international business in India. It has established that the motivation
to select IJVs as an international business mode is influenced by a host of
environmental and organisational-specific variables. However, the extent of this
influence varies with the relative importance of each of these variables. This study
also has demonstrated that the UV formation process between an Australian company
and an Indian host is a complex and time-consuming one. It is ascertained that the
Australian-Indian IJVs face fewer difficulties during the implementation stage than
anticipated earlier at the IJV motivation stage. Nonetheless, the research has
confirmed the need for assistance from local partners in overcoming any
environmental or organisational-specific difficulties. In addition, this research offers
a range of implications relevant to policy analysis and development, management
practice and theory development. Possibilities of further research, based on the
findings reported here, are suggested.

Item Type: Thesis (PhD)
Keywords: International business enterprises, Joint ventures
Copyright Holders: The Author
Copyright Information:

Copyright 1999 the Author - The University is continuing to endeavour to trace the copyright
owner(s) and in the meantime this item has been reproduced here in good faith. We
would be pleased to hear from the copyright owner(s).

Additional Information:

Thesis (Ph.D.)--University of Tasmania, 1999. Includes bibliographical references

Date Deposited: 25 Nov 2014 00:49
Last Modified: 07 Jun 2016 04:58
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