This paper reports findings from a study that systematically evaluated the form of the realtionship between multinationality and performance. In contrast to most of the prior conceptualizations that rely on linear, monotonic models of the linkage, this study examined a curvilinear model that...

The benefits that firms obtain from investing in international joint ventures (IJVs) can be reinforced or reduced by the management of later stages of collaboration. This paper presents and analysis of the shareholder wealth effects of IJV formation and five types of IJV termination. The...

This paper examines the determinants of foreign direct investment (FDI) in research and development laboratories by 32 multinational enterprises in the pharmaceutical and electronics industries. The paper applies a dichotomous set of motives for FDI. Results from an econometric analysis of 136...