The impacts of economic importance difference of a joint venture (JV) held by partners and partners' size difference on the extraction of rivalrous and non-rivalrous private benefits in a JV

Zhang, Xiaoxiang; Wen, Jie

doi:10.1016/j.irfa.2016.09.005

Cited by 3 publications

(2 citation statements)

References 78 publications

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“…These findings were supported by Ikuabe [5,51], who expressed that the economic benefits of joint venture partnerships contribute to the successful operations of joint ventures in the construction industry. Zhang [74,75] maintained that differences in the economic importance of joint venture partners significantly impacts joint venture success in the construction industry. Thus, the economic viability of the country or each partner in joint ventures is an essential condition that needs critical consideration by all partners.…”

Section: Factor 5: Economic Viabilitymentioning

confidence: 99%

Joint Ventures in the South African Construction Industry: Factors Militating against Success

Seiso,

Ogunbayo,

Aigbavboa

2023

Buildings

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Joint construction ventures are a global business partnership approach to accomplishing jointly executed construction objectives. The success of joint ventures is not achieved without militating factors and complexity affecting the process. This study assessed the militating factors against joint venture success in the construction industry in South Africa. A quantitative research approach was adopted, using a purposive sampling technique to select participants for this study. In total, 190 copies of the questionnaire were sent out to construction stakeholders in Gauteng province, South Africa, and 185 copies of the questionnaire were retrieved. Data analysis was conducted in three stages: data reliability and validity, descriptive statistics, and exploratory factor analysis. The exploratory factor analysis (EFA) returned seven factors that provided a relevant understanding of the militating factors against joint venture success: differences in partners’ work values, ineffective regulatory frameworks, undefined goals, clashes between partners’ cultural values, economic viability, operational constraints, and conflicts of interest. This study recommends that joint venture formulation requires due diligence from partners to understand policy, organisational culture, sharing ratios, and economic viability to avoid unnecessary conflicts of interest and operational constraints.

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Section: Factor 5: Economic Viabilitymentioning

confidence: 99%

Joint Ventures in the South African Construction Industry: Factors Militating against Success

Seiso,

Ogunbayo,

Aigbavboa

2023

Buildings

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“…During welding, the arc stability is good, and the laser keyhole is stable. Laser-arc hybrid welding can produce high-quality products with high efficiency and has been widely used to weld thick plates of 15 mm or more [10][11][12][13]. Liu et al [14] studied the melting drop transition form of laser-MIG hybrid welding; they found the arc energy determines the melting drop transfer mode, and the laser energy has an important effect on the melt drop transition.…”

Section: Introductionmentioning

confidence: 99%

Effect of Weld Pool Flow and Keyhole Formation on Weld Penetration in Laser-MIG Hybrid Welding within a Sensitive Laser Power Range

Jing

Hou

et al. 2022

Applied Sciences

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The weld penetration variation in laser-MIG hybrid welding under sensitive laser power range was investigated by welding experiments and CFD (computational fluid dynamics) simulation. During this investigation, joints of AH36 sheets were welded with varying laser powers by the laser-MIG hybrid welding process. In addition, the CFD model was established based on experimental parameters and measurement results. Moreover, surface tension, electromagnetic force, buoyancy, recoil pressure, evaporative condensation, evaporative heat exchange, melt drop transfer, and other factors were considered. The influence of various factors on molten pool depth and keyhole depth were studied, including temperature, velocity, and flow direction of liquid metal. The results show that the weld-forming effect is better at the laser power is 7.5 kW in the range of sensitive laser power. After the keyhole is formed, its depth gradually entered the stage of linear increase, oscillation increase, and oscillation balance. Increasing the laser power can effectively shorten the time of the two growth stages and allow the keyhole to enter the balance stage earlier. During the oscillation balance state of the keyhole, the molten metal under the keyhole flowed to the molten pool root in the reverse direction of welding; it can also promote weld penetration.

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Exploring International Joint Ventures

Boateng,

Cofie,

Hinson

et al. 2023

Small Business and Entrepreneurial Development in Africa

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The impacts of economic importance difference of a joint venture (JV) held by partners and partners' size difference on the extraction of rivalrous and non-rivalrous private benefits in a JV

Cited by 3 publications

References 78 publications

Joint Ventures in the South African Construction Industry: Factors Militating against Success

Joint Ventures in the South African Construction Industry: Factors Militating against Success

Effect of Weld Pool Flow and Keyhole Formation on Weld Penetration in Laser-MIG Hybrid Welding within a Sensitive Laser Power Range

Exploring International Joint Ventures

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