This study reviews important variables related to joint venture performance and identifies the key determinants of joint venture performance in Cambodia. A model of joint venture performance in Cambodia is proposed an...This study reviews important variables related to joint venture performance and identifies the key determinants of joint venture performance in Cambodia. A model of joint venture performance in Cambodia is proposed and tested. Finally guidelines for successful joint venture performance in Cambodia are proposed. Based on a study of 62 firms and interviews with 19 joint venture mangers and government officers, it was found that the most important factors driving the formation of a joint venture included access to an emerging new market, utilization of abundant and cheap labor, and existence of government incentives. The most serious obstacles to joint venture performance in Cambodia were corruption, lack of physical infrastructure, bureaucracy, and competition from a black market and smuggling. For the results indicate there are significant correlations between performance and trust, control, commitment, and ownership. Suggested guidelines to improve joint venture performance in Cambodia are proposed.展开更多
The paper uses the theory of core competence based on knowledge capital to build up international joint venture’s effective capability system of cross-culture. It involves in forming common mind of business, strategi...The paper uses the theory of core competence based on knowledge capital to build up international joint venture’s effective capability system of cross-culture. It involves in forming common mind of business, strategies of glocalization, complementary skills of cross-culture and cross-cultural training. It also presents the case of Lansheng Daewoo Corp to give a positive analysis.展开更多
International joint ventures （IJVs） have increasingly their role in business world and also in research field of international business. There have been a lot of studies related to determinant factors of IJV perform...International joint ventures （IJVs） have increasingly their role in business world and also in research field of international business. There have been a lot of studies related to determinant factors of IJV performance. However, there are very few studies focusing on the measurement of I Jr performance. Especially, researchers have ignored how foreign parent firms really choose their measures in the evaluation of their IJV performance. This research investigates determinant factors of performance measures of 1JVs. Determinant factors of IJV performance measures include motives for establishment, establishment mode, location of IJVs, distribution of ownership in IJVs, cultural background of parent firms, and trust between partners, IJV life stages, parent firms＇ international experience, and relatedness of the IJVs to their parents. Performance measures are divided into financial measures and non-financial measures. The paper shows how different determinant factors are expected to lead foreign parent firms preferring one kind of measure over the other.展开更多
Charas Li, deputy general manager of Shanghai-Ek Chor Motorcycle Co. Ltd., which has been named one of the best 10joint ventures in China, enjoys a close association with his employees. Reporter Qian Youwei, talked to...Charas Li, deputy general manager of Shanghai-Ek Chor Motorcycle Co. Ltd., which has been named one of the best 10joint ventures in China, enjoys a close association with his employees. Reporter Qian Youwei, talked to Charas Li about the establishment and development of his company. Li said that the international展开更多
AFast quenching NdFeB permanent magnet—a high-tech product filling in the domestic gaps—has been put into mass production by the Beijing Century New Magnetics Co. Ltd. Previously, only the United States of America h...AFast quenching NdFeB permanent magnet—a high-tech product filling in the domestic gaps—has been put into mass production by the Beijing Century New Magnetics Co. Ltd. Previously, only the United States of America had patent rights for production and sale of fast quenching NdFeB Magnets, and only General Motor Company could produce such high-tech products.展开更多
If you are representing a foreign-funded institution in setting up a foreign-funded bank or financial company in Shanghai, you should have a representative agency already established within the boundaries of China for...If you are representing a foreign-funded institution in setting up a foreign-funded bank or financial company in Shanghai, you should have a representative agency already established within the boundaries of China for more than two years, and general assets at the end of the previous year should not be less than US $ 10 billion. The country or region you are residing in should have展开更多
The Weisheng Electronics Co., Ltd., a Sino-foreign hi-tech joint venture, is based in Changsha, capital of Hunan Province. This science-industry-trade integrating hi-tech industrial group has branches in Beijing, Shan...The Weisheng Electronics Co., Ltd., a Sino-foreign hi-tech joint venture, is based in Changsha, capital of Hunan Province. This science-industry-trade integrating hi-tech industrial group has branches in Beijing, Shanghai and Hongkong. Since its founding, the company has developed hitech products in energy, finance and health, intelligent energy measuring products in particular. It has taken the lead in the province’s Sino-foreign hitech enterprises. Using RMB 110 million of funds for its first-phase project, the展开更多
Established in 1991,thecompany exclusively produces andmanages numerical control lathesmajored at processing centres ofvarious specifications.It has a verygood condition for fair competition,with complete production p...Established in 1991,thecompany exclusively produces andmanages numerical control lathesmajored at processing centres ofvarious specifications.It has a verygood condition for fair competition,with complete production processesfrom casting,machining toassembling,an excellent staffengaged in product development,production,quality control展开更多
In 1994, the Sino-French Joint Venture Dynasty Wine Company was far ahead in the trade once again, with the outstanding achievement of making profits of RMB550 thousand per employee. Since the factory was established ...In 1994, the Sino-French Joint Venture Dynasty Wine Company was far ahead in the trade once again, with the outstanding achievement of making profits of RMB550 thousand per employee. Since the factory was established in 1980, the annual wine production of the Dynasty Company has developed from 100 thousand bottles to 13.3 million bottles. The market share of Dynasty wine in the domestic products of the same category is more than 50%. China’s over 270 diplomatic corps quartered abroad all give receptions展开更多
Under the environment of economic globalization, there has seen a global transfer of manufacturing into China and China＇s automotive industry engage in global trade. China faces unprecedented opportunities for develo...Under the environment of economic globalization, there has seen a global transfer of manufacturing into China and China＇s automotive industry engage in global trade. China faces unprecedented opportunities for development, although there are many challenges it must face, It has become a strategic choice for all automotive enterprises to implement supply chain management in order to achieve competitive advantages. At present, most researches on supply chain partnerships have been carried out based on enterprises in developed countries. Very few theoretical and empirical studies have been based on developing countries, and in particular, only a few scholars have examined supply chain partnerships in China. Based on the joint ventures, this paper is a review of partner theories and process of partner relationship. With respect to the supply chain partnership strategy and process and partners＇ capability literature, there is limited research on the special background such as joint ventures or Chinese automotive industry. Some literature on partners＇ capabilities is based in favor of the operational aspects.展开更多
Although it was reported that the title of 5000th Sino-foreign joint venture in Beijing had been conferred on Wall’s, it nevertheless remained a strange name to most Beijingers. However, on one of the hottest days la...Although it was reported that the title of 5000th Sino-foreign joint venture in Beijing had been conferred on Wall’s, it nevertheless remained a strange name to most Beijingers. However, on one of the hottest days last summer, the name Wall’s was seen in the Beijing streets and lanes, the ice-cream kept in small glass refrigerated cases standing under red and blue umbrellas with the trademark of Wall’s on them. This展开更多
On December 20,2016 the construction of the SinoKuwait Guangdong integrated refining/chemical join venture project,which is the largest Sinopec’s projec under construction and also the key construction project of Gua...On December 20,2016 the construction of the SinoKuwait Guangdong integrated refining/chemical join venture project,which is the largest Sinopec’s projec under construction and also the key construction project of Guangdong province,had been kicked off comprehensively.This project is located in the new district of the East Sea Island inside the Zhanjiang Economic Development展开更多
文摘This study reviews important variables related to joint venture performance and identifies the key determinants of joint venture performance in Cambodia. A model of joint venture performance in Cambodia is proposed and tested. Finally guidelines for successful joint venture performance in Cambodia are proposed. Based on a study of 62 firms and interviews with 19 joint venture mangers and government officers, it was found that the most important factors driving the formation of a joint venture included access to an emerging new market, utilization of abundant and cheap labor, and existence of government incentives. The most serious obstacles to joint venture performance in Cambodia were corruption, lack of physical infrastructure, bureaucracy, and competition from a black market and smuggling. For the results indicate there are significant correlations between performance and trust, control, commitment, and ownership. Suggested guidelines to improve joint venture performance in Cambodia are proposed.
文摘The paper uses the theory of core competence based on knowledge capital to build up international joint venture’s effective capability system of cross-culture. It involves in forming common mind of business, strategies of glocalization, complementary skills of cross-culture and cross-cultural training. It also presents the case of Lansheng Daewoo Corp to give a positive analysis.
文摘International joint ventures （IJVs） have increasingly their role in business world and also in research field of international business. There have been a lot of studies related to determinant factors of IJV performance. However, there are very few studies focusing on the measurement of I Jr performance. Especially, researchers have ignored how foreign parent firms really choose their measures in the evaluation of their IJV performance. This research investigates determinant factors of performance measures of 1JVs. Determinant factors of IJV performance measures include motives for establishment, establishment mode, location of IJVs, distribution of ownership in IJVs, cultural background of parent firms, and trust between partners, IJV life stages, parent firms＇ international experience, and relatedness of the IJVs to their parents. Performance measures are divided into financial measures and non-financial measures. The paper shows how different determinant factors are expected to lead foreign parent firms preferring one kind of measure over the other.
文摘Charas Li, deputy general manager of Shanghai-Ek Chor Motorcycle Co. Ltd., which has been named one of the best 10joint ventures in China, enjoys a close association with his employees. Reporter Qian Youwei, talked to Charas Li about the establishment and development of his company. Li said that the international
文摘AFast quenching NdFeB permanent magnet—a high-tech product filling in the domestic gaps—has been put into mass production by the Beijing Century New Magnetics Co. Ltd. Previously, only the United States of America had patent rights for production and sale of fast quenching NdFeB Magnets, and only General Motor Company could produce such high-tech products.
文摘If you are representing a foreign-funded institution in setting up a foreign-funded bank or financial company in Shanghai, you should have a representative agency already established within the boundaries of China for more than two years, and general assets at the end of the previous year should not be less than US $ 10 billion. The country or region you are residing in should have
文摘The Weisheng Electronics Co., Ltd., a Sino-foreign hi-tech joint venture, is based in Changsha, capital of Hunan Province. This science-industry-trade integrating hi-tech industrial group has branches in Beijing, Shanghai and Hongkong. Since its founding, the company has developed hitech products in energy, finance and health, intelligent energy measuring products in particular. It has taken the lead in the province’s Sino-foreign hitech enterprises. Using RMB 110 million of funds for its first-phase project, the
文摘Established in 1991,thecompany exclusively produces andmanages numerical control lathesmajored at processing centres ofvarious specifications.It has a verygood condition for fair competition,with complete production processesfrom casting,machining toassembling,an excellent staffengaged in product development,production,quality control
文摘In 1994, the Sino-French Joint Venture Dynasty Wine Company was far ahead in the trade once again, with the outstanding achievement of making profits of RMB550 thousand per employee. Since the factory was established in 1980, the annual wine production of the Dynasty Company has developed from 100 thousand bottles to 13.3 million bottles. The market share of Dynasty wine in the domestic products of the same category is more than 50%. China’s over 270 diplomatic corps quartered abroad all give receptions
文摘Under the environment of economic globalization, there has seen a global transfer of manufacturing into China and China＇s automotive industry engage in global trade. China faces unprecedented opportunities for development, although there are many challenges it must face, It has become a strategic choice for all automotive enterprises to implement supply chain management in order to achieve competitive advantages. At present, most researches on supply chain partnerships have been carried out based on enterprises in developed countries. Very few theoretical and empirical studies have been based on developing countries, and in particular, only a few scholars have examined supply chain partnerships in China. Based on the joint ventures, this paper is a review of partner theories and process of partner relationship. With respect to the supply chain partnership strategy and process and partners＇ capability literature, there is limited research on the special background such as joint ventures or Chinese automotive industry. Some literature on partners＇ capabilities is based in favor of the operational aspects.
文摘Although it was reported that the title of 5000th Sino-foreign joint venture in Beijing had been conferred on Wall’s, it nevertheless remained a strange name to most Beijingers. However, on one of the hottest days last summer, the name Wall’s was seen in the Beijing streets and lanes, the ice-cream kept in small glass refrigerated cases standing under red and blue umbrellas with the trademark of Wall’s on them. This
文摘On December 20,2016 the construction of the SinoKuwait Guangdong integrated refining/chemical join venture project,which is the largest Sinopec’s projec under construction and also the key construction project of Guangdong province,had been kicked off comprehensively.This project is located in the new district of the East Sea Island inside the Zhanjiang Economic Development
