2010
DOI: 10.1016/j.ibusrev.2009.12.005
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Long-term orientation and international joint venture strategies in modern China

Abstract: Does high long-term orientation (LTO) as a distinctive feature of Chinese and Asian national culture still influence modern business decisions? It is difficult to answer this question when any such cultural impact must be qualified by the influence of local Chinese institutions. We study, therefore, different nationalities of international joint ventures (IJVs) within the same institutional setting of China. With foreign partners distanced from their national institutions, this isolates any cultural influence … Show more

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Cited by 32 publications
(21 citation statements)
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“…Cultural distance has always been a notable feature in IJVs and affects conflict resolution within IJVs as well as survival (Barkema and Vermeulen, 1997;Buck, Liu and Ott, 2010;Fey and Beamish, 2001;Hennart and Zeng, 2002;Lin and Germain, 1998;Park and Ungson, 1997;, Li et al, 1998;Li et al, 2002, Luo, 1998Roy, 2012;Shenkar, 2001). The relevance of cultural distance with regard to the choice of partners (Luo, 1998) and entry modes (Kaufmann and O'Neill, 2007) was a key research element for the setting-up stage of IJVs in China.…”
Section: Cultural Distance Of Partnersmentioning
confidence: 99%
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“…Cultural distance has always been a notable feature in IJVs and affects conflict resolution within IJVs as well as survival (Barkema and Vermeulen, 1997;Buck, Liu and Ott, 2010;Fey and Beamish, 2001;Hennart and Zeng, 2002;Lin and Germain, 1998;Park and Ungson, 1997;, Li et al, 1998;Li et al, 2002, Luo, 1998Roy, 2012;Shenkar, 2001). The relevance of cultural distance with regard to the choice of partners (Luo, 1998) and entry modes (Kaufmann and O'Neill, 2007) was a key research element for the setting-up stage of IJVs in China.…”
Section: Cultural Distance Of Partnersmentioning
confidence: 99%
“…One feature of this change has been reflected in how to manage international joint ventures (IJVs) (Luo, Shenkar and Nyaw, 2001). However, despite two decades of an intense East-West relationship through different forms of international collaboration, and despite intensive research on Chinese international joint ventures (Buck, Liu and Ott, 2010;Demir and Söderman, 2007;Fey and Beamish, 2001;Li et al, 2002;Luo, 1998;Puck et al, 2009;Roy, 2012;Shenkar, 2001;Yao et al, 2013), there is still a lack of consensuses on the factors contributing to the longevity of Sino-Foreign JVs. In particular, underexplored areas are the inter-relationship between senior management control from different nationalities and resources contributed by parent firms.…”
Section: Introductionmentioning
confidence: 99%
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“…Masculinity-femininity has been shown to impact advertising decisions (Chang, 2006), management of partnerships, such as international joint ventures and strategic alliances (Hofstede, 2010) and organizational commitment (Gelade et al, 2008). The long (or short) term orientation influences, for instance, strategy shaping decisions (Buck et al, 2010), and ethical behaviors (Nevins et al, 2007), just to point out a few examples.…”
Section: Discussionmentioning
confidence: 99%
“…Transactional integration. Providing expanded long-term business opportunities for DC and OM teams: Securing long-term contracts offer security in terms of business continuity, thereby providing for a more stable business outlook, which is already prevalent in Chinese and Asian societies (Buck et al, 2010). With expanded business opportunities, cash flow volatility is reduced, while long-term profitability is conversely enhanced (Abdul-Aziz, 1994).…”
Section: Strategies For Integrating DCmentioning
confidence: 99%