International Business Strategy
PART 1 Essay (3000 words) 75%
“Joint ventures aid firms in accessing new markets, knowledge, capabilities, and other resources. Yet they can be challenging to manage, largely because they are owned by two or more parent companies.” (Beamish and Lupton, 2009). Critically evaluate the challenges of managing an international joint venture. What does the research literature tell us about successful management and unsuccessful joint venture management?
Notes on Essay
This essay is about the management of joint ventures. There is a lot of literature on joint ventures, particularly from the entry mode perspective. However, the focus here is on joint venture management and this is a somewhat smaller literature. A good starting point would be the Beamish and Lupton (2009) article cited in the question. You are expected to read widely for this question and amass a range of issues that are associated with successful and unsuccessful management. You will need to query what the term ‘successful’ means in this context. It is important not to produce a list of ‘what to do’. You are expected to draw your sources from academic journal sources.
There is a lot of material available on you will need to select which parts are relevant and which are not. You will also have to assemble / construct the material in a way which is original. The literature below is a starting point, but it is eclectic. You don’t need to cover all the issues here, nor should you be restricted by the choice.
1. Beamish PW, Lupton NC. Managing Joint Ventures. Academy of Management Perspectives [serial online]. 2009;23:75-94. Link
http://hud.summon.serialssolutions.com/link/0/eLvHCXMwVZ07DgIxDERzAUqouUCkdX6Oa8SKA8AB_InpqLi_doMo4BAzLmb8JoRzM_JhlYYCZuleS1Zg78O8KTj-UZh-3Hw9hsd6vV9u8bsDEJ-7EjGC1zy0oFKaNCpd6iSsWJNlcOrCJYElGpmrOJL0ZjM3cC8ovJ93glM48OyLv96fvzLbAK37KbQ
2. Damanpour F, Devece C, Chen CC, Pothukuchi V. Organizational culture and partner interaction in the management of international joint ventures in India. Asia Pacific Journal of Management. 2012;29:453-478. Link
http://hud.summon.serialssolutions.com/link/0/eLvHCXMwVV25DQIxEHQDhBDTgKVbr9dPjDhRABSw3ickon9hIwLoYTTSaL4QzkW7m1I3gYqjOWUUYG-mXgS8_q0w_bD5fgyP_Xq_3OL3ByAKYKOYaS2o1FJGygq2nLzqU0cMM0KagCIl2ZA55SJtqyaIPImXegLmQXAKB1558efr0yvTN4HfKPM
3. Kamminga P, van der Meer-Kooistra J. Parents’ Contribution and Management Control of Joint Ventures. European Management Journal. 2006;24:226-235. Link
http://hud.summon.serialssolutions.com/link/0/eLvHCXMwVV05DgIxDMwHKNmaD0Rax3Gc1IjVPgAeEMd2ScX_xQZRwB9GoxlpjhAuRZubUrMBjFKdMg7oXk29DHD-W2H6YfPtHB7b7X7d4_cHIA4AhmgIgvPCO5eU2DypoKxmw7USIU3N24t7FlCjdviiA1hSEZFXQTVYwqnPvPjz9emV6Ru25SnH
4. Neal G O’Connor, Peter Chalos. The challenge for successful joint venture management in China: Lessons from a failed joint venture. Multinational Business Review. 1999;7:50. Link
http://hud.summon.serialssolutions.com/link/0/eLvHCXMwY2BQMEuxTEtNMbVMTTY0N06ySDM1MU42TEyzSE1JM0s2TDNHOYUJqTR3E2WQcXMNcfbQhZWK8Sk5OfGgI8wtzCyMDcUYeBNBy77zSsDbw1IAiU8cAg
5. Julian CC, Wachter RM, Mueller CB. International Joint Venture Top Management Teams: Does Heterogeneity Make a Difference? Journal of Asia-Pacific Business. 2009;10:107-129. Link
http://hud.summon.serialssolutions.com/link/0/eLvHCXMwVV25DQIxEHQDhBDTgCUv62cdI04UAAXsGxLRv8CIAJqYGWm-lI7dZri16QoDhaJVVOAgt-gKMf5WmH7QfNun-3a5na_5-wOQdamRPHoR6nzCak3qJGAuoDqW48VesWPMggJCzZG0N2lKDDrV1PFN4Ie045UXfzw_vTJ7AawgKeM
Part 2 ?maximum 1500? 25?
This document contains the assignment brief for Part 2 of the International Business Strategy assignment. It must be completed in addition to Part 1 of the assignment already distributed. As noted in the module handbook, Part 2 accounts for 30% of the overall mark.
Part 2 Assignment release date: 1st March 2013
Mechanisms for release of work:
• Notification to all students of release of Part 2 title via email
• Blackboard announcement
• Assignment brief stored under the ‘Assignments’ tab in Blackboard
Part 2 title
Based on your experience of Part 1, how helpful have you found international business theory in developing your understanding of International Business Management?
Maximum word limit: 1500 words
Submission date The reflection should be submitted in the same document as Part 1 on 21st March 2013. The whole document should be submitted via Turnitin as normal.
Guidance
‘Part 1’ refers to the essay you have selected for Part 1 of the assignment (please see module handbook for detail).
The purpose of this piece of work is to encourage you to think about the role that theory plays in developing your knowledge and understanding. It is a personal reflection and as such does not need to be written in a formal academic style. The use of ‘I’ is acceptable.
You should make direct reference to the work you have done in Part 1 and what you have learned from it. The types of questions that you can pose to yourself could include:
• Has studying the theory helped me to understand the real business world at all?
• What have I learned? What do I know now that I didn’t know before? What concepts are new to me?
• Will this learning help me see the business world in a better way? If so, how and why?
• Is the theory useful? If yes – say how this is the case. If not, why not? Do I think the theory is wrong?
You might also comment on the process of learning you have undertaken
• What has been the most difficult part of the process? Has my learning improved as a result of doing the assignment?
• If I were to do the work again, what would I do differently?
• Could I have improved the work I have done?
There are, of course, lots of other questions that you might ask yourself.
You should use references where necessary (for example, if you found a particular journal article really helpful, you will need to refer to the journal). However, the focus of this part of the work is not to demonstrate your academic reading.
Suggested reading You do not have to undertake any specific reading for this subject because it is based on your own reflections (thoughts) about what you have done. However, there is a guide on reflective writing that you are advised to consult. This is accessible on the front page of Unlearn.
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