Instability and failure in international joint ventures in post-socialist societies: Power, politics and strategic orientations

Anna Soulsby, Ed Clark

Research output: Contribution to journalArticlepeer-review


International business researchers have identified the tendency of international joint ventures (IJVs) to fail and recognized that explaining the process of failure can benefit from inductive qualitative research. This article offers a processual account of instability in and the dissolution of an IJV, taking the perspective of the local parent in an IJV with a powerful Western multinational corporation in order to understand more fully their experiences of participating in the venture. The case study findings offer empirical support for an emergent theoretical framework that highlights the role of contextual factors and explores the internal process of dissolution and 'failure' as the socio-political enactment of the parents' strategic orientations.
Original languageEnglish
Pages (from-to)296-314
Number of pages19
JournalCompetition and Change
Issue number4
Publication statusPublished - 2011


  • International Joint Ventures
  • Multinationals
  • post-socialism
  • power
  • strategic orientation
  • relationship asymmetry
  • Czech Republic

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