Measures of collaborative venture performance: An analysis of construct validity

This study presents a methodology to evaluate the construct validity of measures of collaborative venture (CV) performance and applies it to a sample of 69 CVs. After discussing content validity of the different measures, empirical results show that subjective measures of CV performance are reliable and present convergent validity. Results also support their discriminant validity with respect to other measures such as contractual changes, but not to longevity; no conclusive evidence is found with respect to survival.