2007, English, Article, Journal or magazine article edition: Understanding Contractual Joint Ventures in China Wang, Yue

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Physical Description
  • journal article
Published
  • Routledge, 2007
Language
  • English

Edition details

Title
  • Understanding Contractual Joint Ventures in China
Author
  • Wang, Yue
Other Contributors
  • Macquarie University. Department of Marketing and Management
Published
  • Routledge, 2007
Physical Description
  • journal article
Subjects
Summary
  • Contractual Joint Ventures (CJVs) in China have been under-studied despite their importance as one of the three major forms of foreign direct investment (FDI) prescribed by the Chinese government. Based on first-hand survey data and within a transaction cost-comparative institution framework, the paper conceptualizes the nature of CJVs as a relational subcontracting arrangement rather than a form of FDI. Formed mainly between Hong Kong and Chinese manufacturing firms in the South China province of Guangdong, CJVs display quasi-market and quasi-hierarchy features, sitting between Processing and Assembling arrangements (P&​As) on the one hand and Equity Joint Ventures (EIVs) and Wholly Foreign Owned Enterprises (WFOEs) on the other. The theoretical and practical implications are discussed.
  • 16 page(s)
Language
  • English
Related Resource
Identifier
  • mq:23626
  • ISSN:1476-5292
  • mq-rm-2011010922
  • mq_res-20130108-14501

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