'Motives' of International Joint Venture (IJV) formation have been explored in different country contexts. The key objective of this paper is to investigate the justification of the motives of international joint ventures (IN) formation in India. The Indian economy has attracted significant foreign direct investment (FDI) since 1991 and IN remains the most popular form of market entry mode by foreign firms. The paper investigates the underlying beliefs of IN parent firms as a possible justification or rational of IJV choice. Belief statements in this research refer to two specific aspects: (a) nature of challenges of doing business in India, and (b) organi.zational capabilities to deal with the challenges. Primary data was collected through a survey of Indian and non-Indian IN parent firms. The empirical results highlight distinct beliefs as rational for IN choice.
|Number of pages||7|
|Journal||International Journal of Arts and Sciences|
|Publication status||Published - 2012|