The Dynamics of Manufacturing Joint Ventures in Turkey and the Role of Industrial Groups
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This article is based on an empirical study of West European, U.S. and Japanese MNCs which have established joint ventures with local companies in Turkey. This empirical study covers a survey of 47 multinational and 21 local private firms which are parents to joint ventures in Turkey. Specific attention is paid to joint venture establishment strategies, motivations for joint ventures, and the motives of local parent firms compared to foreign MNCs in entering such collaborative alliances.
The paper also analyses the overall pattern of FDI and the specific characteristics of joint ventures within this overall pattern.
KeywordsEuropean Union Joint Venturis Foreign Firm Local Firm Local Parent
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