Gulati, Ranjay; Olivia Wang, Lihua - In: The governance of relations in markets and organizations, (pp. 209-242). 2003
This chapter examines the factors that may influence the total value created in a joint venture (JV) and also the relative value appropriated by each partner in the venture. We look at the effects of both partners’ embeddedness in prior networks of relationships and the asymmetry of business...