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Group Decision and Negotiation

, Volume 9, Issue 6, pp 457–470 | Cite as

A Learning-Based Theory of Joint Venture Life-Cycles

  • Prabal Roy Chowdhury
  • Indrani Roy Chowdhury
Article

Abstract

We provide a two period, learning-based model of joint venture formation and breakdown. We show that depending on parameter values different dynamic patterns emerge. If the rate of learning is low, then a joint venture forms in both the periods. If the rate of learning is large, then the outcome may either involve joint venture breakdown, or delayed joint venture formation.

joint ventures learning multinationals synergy 

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Copyright information

© Kluwer Academic Publishers 2000

Authors and Affiliations

  • Prabal Roy Chowdhury
    • 1
  • Indrani Roy Chowdhury
    • 2
  1. 1.ITDD, CSDILE, School of International Studies (SIS)Jawaharlal Nehru UniversityNew DelhiIndia
  2. 2.ITDD, CSDILE, School of International Studies (SIS)Jawaharlal Nehru UniversityNew DelhiIndia

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