The Determinantsthat Influence the Stability of International Joint Venture. A Conceptual Framework

Abstract

International joint ventures (IJV) are commonlyidentified to be increasingly prevalent but with important managerial dissatisfactions in their operations. Severe failure rates of IJVs is well-known in previous literature, between 30-70 percent ultimately end up in failure. Previous research suggests that the management aspect of inter-partner relations is an inadequate, especially regarding the factors that influence IJV stability. In addition, even though, few studies have been conducted and suggested several factors that influence IJV stability, there is a lack to sufficient studies in developing countries, especially in the Middle East region. Therefore, this paper aims to review the past studies and identify the factors that influence IJV stability. This paper is a part of research conduct on the IJV in the real estate in the United Arab Emirates