Every year, corporations establish thousands of joint ventures (JVs), investing hundreds of billions of dollars. In fact, between 25% and 40% of all foreign investments take place via equity JVs. The use of JVs and strategic alliances has been rapidly growing. JVs require an open mind, and the willingness to work through testing strategic logic; partnership and fit; shape and design; and operating the JV. Contrary to the perceptions of some, JVs can be just as profitable and survive just as long as wholly owned subsidiaries. They can in fact be effectively managed. They are not going to cause a firm to lose its proprietary technology. True JVs can result in more stable and sustainable business, benefiting all partners, in whatever country they are located.
Paul Beamish is a Professor of International Business at the Richard Ivey School of Business at the University of Western Ontario and has worked as a joint venture facilitator for Fortune 500 and other corporations for many years. He is the author or co-author of over 50 books, and 100 refereed articles. His books are in the areas of International Management, Strategic Management, and especially Joint Ventures and Alliances. In 1997 and again in 2003 he was recognized in the Journal of International Management as one of the top three contributors worldwide to the international strategic management literature in the previous decade, and by International Business Review in 2010 as the second most productive I.B. scholar in the 1996-2008 period.
Date: Monday, September 20, 2010
Time: 5:00pm – 6:00pm with reception to follow
Location: 500 Granville Street, Segal Graduate School of Business
RSVP: Admission is free, but seating is limited. Reservations are required. Please register at business.sfu.ca/distinguished.