In the context of the previous gaps in the joint venture
literature, in this study we draw on resource-based theory (Barney, Ketchen & Wright, 2011) to provide evidence concerning two inter-related questions.
Several distinctive developments are identified in the report, of which three are highlighted in this article: the prevalence of the Limited Liability Company (LLC) as a legal form for organizing, using joint ventures
to combine all business operations of separately owned partners and the strategy of spawning new businesses.
Taipei, July 5, 2011 (CENS) -- Fubon Financial Holding and Cathay Financial Holding have both forayed into China's fund management market by establishing joint ventures
with Chinese partners, in order to tap the market's huge potential.
Finally, Joe Wu, LightPath's executive vice president, has been appointed as the General Manager of the joint venture
with responsibility over the day-to-day operations of the joint venture
Wulfkuhle to provide information about the new joint venture
that was formed by Syngenta Seeds and Pioneer Hi-Bred International.
Hayes Lemmerz and Inci Holding A.S., Manisa, Turkey, one of the other two original joint venture
partners in Juntas Aluminum Wheels, acquired the 35% interest in the joint venture
previously held by Cromodora Wheels S.p.A.
Carter adds, "In particular, we would like to thank John Neu, the rest of the Hugo Neu team and the joint venture
personnel remaining with Hugo Neu for their hard work in helping us build the many joint venture
The joint venture
has a capacity to manufacture 300,000 engines annually, and the new plant will enable GTE to produce 500,000 units.
The management of the joint venture
will include executives from both partners reporting to a board of directors with representation from Sinopharm and Reed Exhibitions.
market later this year in a $440 million joint venture
with EarthLink as a mobile virtual network operator.
From the buyer's perspective, the joint venture
vehicle takes away the inherent risk of valuing an unfamiliar business.
Fortis, the Dutch-Belgian financial services giant, said the European Union granted final approval for a bancassurance joint venture
in Portugal that Fortis said would be the market leader in that country for life insurance.