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- W3189956011 abstract "The literature on joint ventures has detailed a variety of motives for firms to engage in partnering (see Berg and Friedman, 1980; Connolly, 1984; Harrigan, 1985; Hennart, 1991; Hladik, 1985; Kogut, 1988; Weston and Ornstein, 1984; D’Aspremont and Jacquemin, 1988; Kamien, Muller and Zang, 1992; among others). The motives that are most commonly cited are risk sharing, access to markets and technology, exploitation of economies of scale and scope, and the possibility to control the degree of rivalry. One important motive for joint venture formation seems to have been neglected: the transfer of resources from the participating firms to the joint venture may serve as a coordinating device among these otherwise rival firms, where the coordination takes the form of increasing the asymmetry between firms by asking originally symmetric firms to contribute to the joint venture in a non-uniform way. The present chapter is an attempt to address this issue." @default.
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- W3189956011 date "1997-01-01" @default.
- W3189956011 modified "2023-09-24" @default.
- W3189956011 title "Greater Cost Dispersion Improves Oligopoly Profit: Asymmetric Contributions to Joint Ventures" @default.
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