Why are some International Joint Ventures a Success whereas others are a Failure?
And why is the Performance of International Joint Ventures important both for Foreign Direct Investment and international Trade Flows?
The paper explores critical factors influencing the success or failure of International Joint Ventures (IJVs), highlighting two main clusters: internal and external environments. Internal factors include partner attributes, trust levels, governance, and leadership dynamics. In contrast, external factors encompass country-specific, industry-specific, and global conditions. The interplay between these factors significantly impacts IJV performance, ultimately determining its success or failure.
