Author Description

Ursula F. Ott provides a theoretical approach to the life cycle of an International Joint Venture (IJV). IJVs are a special form of Multinational Enterprise (MNE), which combine the resources of local and foreign firms to create a third, independent business entity. While there are important gains with an IJV, the failure rate is high. In this book, on the basis of game-theoretical reasoning, problems and issues of co-operation and conflicts are analyzed. Game theory is considered as a useful strategic tool for solving problems in multi-person decision-making scenarios. Thus, its refinements offer robust insights.