Download or read book Intercultural Problems Within Joint Ventures In China written by Michael Amtmann and published by GRIN Verlag. This book was released on 2004-12-20 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: Diploma Thesis from the year 2004 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0 (VG+), University of Applied Sciences Nuremberg, language: English, abstract: Since the reforms of 1979, the People`s Republic of China`s (PRC) economy has experienced significant growth. There is no doubt that this economic expansion has been a direct result of the opening up of Chinese companies to foreign investors. The number of sino-foreign joint-ventures, which are by the way a privileged form of investment granted by the Chinese government, has been increasing rapidly. According to Chinese statistics, at the end of 1998, Chinese-foreign joint-ventures represented approximately two thirds of about 300 000 foreign investment projects that were approved by Chinese authorities. In fact, among the developing countries, China is currently the one which attracts the most western investments. Joining the World Trade Organization (WTO) in 2001, China pushed this development even further and while other countries were fighting a recession at the same time, it was able to sustain a growth of 7.8% regarding the Gross Domestic Product (GDP), 14.1% with respect to exports and 10.4% regarding imports.1 Consequently there is steady interest of foreign companies to form joint-ventures in the People's Republic of China. But whereas in the 1980ies mostly the huge corporations where entering this market, nowadays more and more midsized companies, for instance from Germany, are forming joint-ventures too. From the region “Mittelfranken” for example 320 businesses have developed ties with the People’s Republic – a plus of 60% from 1996.2 Many foreign firms are considering entering joint-ventures in China because this seems to offer the most attractive method for gaining access to the huge potential of the labour pool and market of China. Nonetheless, there are many warnings about the problems that have to be faced in order to establish a joint-venture in China. Chief among these is the problem of differing management styles between Foreign and Chinese partners. Very little accurate information is available about Sino-Foreign joint-ventures.3 An example is the wide disparity in the reports of the numbers of Sino-German jointventures. [...] 1 http://www.ihk-nuenberg.de/ihk_primnav/wir_ueber_uns/kammergespraeche/canrong.jsp 2 http://www.ihk-nuenberg.de/ihk_primnav/wir_ueber_uns/kammergespraeche/canrong.jsp 3 Markterfolg in China; Physica Verlag; Michael Nippa; P. 6
Download or read book Cultural Problems within International Joint Ventures in China written by Michael Amtmann and published by diplom.de. This book was released on 2005-01-25 with total page 125 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inhaltsangabe:Abstract: Since the reforms of 1979, the People`s Republic of China`s (PRC) economy has experienced significant growth. There is no doubt that this economic expansion has been a direct result of the opening up of Chinese companies to foreign investors. The number of sino-foreign joint-ventures, which are by the way a privileged form of investment granted by the Chinese government, has been increasing rapidly. According to Chinese statistics, at the end of 1998, Chinese-foreign joint-ventures represented approximately two thirds of about 300 000 foreign investment projects that were approved by Chinese authorities. In fact, among the developing countries, China is currently the one which attracts the most western investments. Joining the World Trade Organization (WTO) in 2001, China pushed this development even further and while other countries were fighting a recession at the same time, it was able to sustain a growth of 7.8% regarding the Gross Domestic Product (GDP), 14.1% with respect to exports and 10.4% regarding imports. Consequently there is steady interest of foreign companies to form joint-ventures in the People's Republic of China. But whereas in the 1980ies mostly the huge corporations where entering this market, nowadays more and more midsized companies, for instance from Germany, are forming joint-ventures too. From the region Mittelfranken for example 320 businesses have developed ties with the People s Republic a plus of 60% from 1996. Many foreign firms are considering entering joint-ventures in China because this seems to offer the most attractive method for gaining access to the huge potential of the labour pool and market of China. Nonetheless, there are many warnings about the problems that have to be faced in order to establish a joint-venture in China. Chief among these is the problem of differing management styles between Foreign and Chinese partners. Very little accurate information is available about Sino-Foreign joint-ventures. An example is the wide disparity in the reports of the numbers of Sino-German joint-ventures. It is not surprising, therefore, that the majority of research studies have focused on identifying the number and the internal structures of these joint-ventures rather than on the practical problems of managing these businesses effectively. Beyond problems of identifying active ventures, research on Chinese-German joint-ventures is hampered by other difficulties: collecting data that [...]
Download or read book International Joint Ventures in China written by Michael Amtmann and published by VDM Publishing. This book was released on 2007-02-01 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: The exploding Chinese consumer market, which is set to match the United States as the world's largest in purchasing power parity by approximately 2020, is the hope for many western enterprises, elsewhere faced with low or zero growth. However, the greatest challenge for foreign entrants is setting up a business and operational model, because one of the oddities of the current regulatory environment is that foreign investors must seek permission from a joint venture (JV) partner. Although very little accurate information is available about Sino-Foreign JVs, there are many warnings about the problems that have to be faced in order to establish them. The present book describes not only the complete process of forming a Joint Venture in China, but offers also a comprehensive overview of several best practice cases on JVs in the Peoples Republic. The cultural issues which may interfere with joint venture success are subsequently identified and possible solutions suggested. Adding to the sparse literature on managing the day-today problems of sino-foreign JVs, heres how to interpret Chinese behaviour and avoid unintended offences - while making your core business a success.
Download or read book International Management in China written by Jan Selmer and published by Routledge. This book was released on 2002-09-11 with total page 296 pages. Available in PDF, EPUB and Kindle. Book excerpt: The greatest challenge to international business today is how to manage business operations across cultural boundaries. This is especially true in the case of China, which has attracted a massive amount of foreign investment and international trade recently. This new study examines three main themes: * the partnership of management through joint ventures * the human resource aspects of management * the management of communication, co-operation and negotiation The crucial issue of trustworthiness, the different managerial practices in China and the West, the importance of being well prepared and understanding Chinese negotiations are the major contemporary issues identified and discussed in this book.
Download or read book Conflict and Innovation Joint Ventures in China written by Leo Douw and published by BRILL. This book was released on 2006-06-01 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book features China’s newly emergent transnational management culture. It uses established and new methodologies to analyze how different types of Sino-foreign joint enterprises manage cultural differences and negotiate strategies that contain conflicts and frustrations. In doing so, the book suggests alternative pathways toward innovative business management in China.
Download or read book Intercultural Management in China written by Nikolaus S. Lang and published by Deutscher Universitatsverlag. This book was released on 1998-03-12 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: The success of joint ventures in China depends to a large extent on the skillfull handling of the intercultural differences between foreign and local partners. The author gives a comprehensive description of intercultural management in China.
Download or read book Intercultural Interaction and Conflict Management in US Chinese Joint Ventures written by Elizabeth Weldon and published by . This book was released on 1991 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Critically evaluate the hypothesis Joint ventures are the ideal entry strategy to use when entering the Chinese market for the first time it is a win win situation written by Isabell Keil and published by GRIN Verlag. This book was released on 2004-09-08 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2003 in the subject Business economics - Trade and Distribution, grade: 1,7 (A-), University of Glamorgan, course: International Business and Export Management, language: English, abstract: The People’s Republic of China (PRC) is the last Communist State in the world (Roberts and Kynge, 2003). Mao Zedong, the leader from 1949 until 1976, pursued a radical politicsorientated and self-sustained policy, which “had China’s door closed in front of the foreign countries” (Yahoo! Inc., 2003). Deng Xiaoping succeeded Mao Zedong and launched his economic reform programme, called the “Open Door” policy, in 1978, which encouraged foreign investment (Yahoo! Inc., 2003). This was the beginning of a new era for China. A great deal of international investors tried to gain a foothold in China’s fast growing markets in the form of joint ventures or direct investment. This paper is devoted to the joint venture (JV), and investigates whether or not this form of enterprise is the ideal strategy to enter the Chinese market. After a short survey of the Chinese economy, JV’s will be defined. The explanation of JV’s is made under consideration of the distinctive features of the Chinese culture. A lot of enterprises and JV’s as well failed because it is not easy to deal with the Chinese. This essay reports about failures of a Western JV and tries to examine the causes. Examples of successful JV’s are described as well before concluding whether or not “Joint ventures are the ideal entry strategy to use when entering the Chinese market for the first time; it is a win-win situation”.
Download or read book International Joint Ventures in East Asia written by Roger Baran and published by Psychology Press. This book was released on 1996 with total page 190 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Joint Ventures in East Asia provides a state-of-the-art review of research on international joint ventures (IJVs) in East Asia, advances understanding of this geographical region, and points out the future areas of research on IJVs in this area. This latest research, conducted by business school professors in North America, Europe, and the Pacific Asia Region, presents readers with an innovative, multicultural perspective and assists the joint venture manager in planning, negotiating, and running joint ventures in East Asia.
Download or read book Cultural Distance and Cross Border Strategic Alliances written by Junaid Javaid and published by GRIN Verlag. This book was released on 2013-09-12 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2013 in the subject Business economics - Business Management, Corporate Governance, University of Bedfordshire, course: MSc International Business & Management, language: English, abstract: In the environment of Global Markets, the concept of International Joint Ventures (IJV) is appearing as a common phenomenon and there is a huge number of corporations who are successful in experiencing considerable growth and expansion through this strategic form of alliances. This report is made in accordance with context of cultural differences in an approach to investigate the phenomenon that to measure the degree of influence of cultural differences on the performance of International Joint Venture (IJV) at both context (National Level Culture & Organisational Level Culture). Cuplan (2002) described International Joint Venture as a process which involves the inclusion of two or more companies from different countries who come together on the single platform with the intension of contributing each other resources and capabilities in creating a separate Business Unit. The process involved in this strategic alliance can be evaluated and analysed through various ways but the best approach is Culpan (2002) approach, this approach viewed each stage from the context of decision making involved in it. From the perspective of this appropriate approach the process of International Joint Venture (IJV) is made up of four different phases (Initial, Formation, Operation and Outcome). The Joint Venture named Alcatel-TCL was also made with the intension of becoming Global Leader in the mobile handset manufacturing. The focus was more on the two aspects (Design and Technology). Moreover, the secondary focus was on the integration of four components (Development Targets, Management System, and Operational Decisions & Staff Treatment). But, after 8 months (17-May-2005) the Joint Ventured was dissolved and both companies had decided to carry on their operations on the Individual basis. Generally it has been realised that the cultural distance existed at the organisational level was the prominent cause of given Joint Venture dissolution. And within the organisational context, the difference existed among both companies in term of open vs. Closed system orientation was the only factor which made difficult for the Alcatel-TCL to sustain for a long period of time.
Download or read book International Joint Ventures in China written by Y. Yan and published by Springer. This book was released on 1999-10-10 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate governance, namely the relationship between the ownership and control of firms, takes on new dimensions in the case of international joint ventures operating in the special context of China. The present study contributes a new examination of this relationship, firstly through its conceptual refinement, and secondly through original empirical research. It develops the concept of ownership as suited to joint ventures, in which account is taken of non-capital resourcing by foreign and Chinese partners.
Download or read book Multinational Joint Ventures in Developing Countries RLE International Business written by Paul Beamish and published by Routledge. This book was released on 2012-11-26 with total page 159 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines how joint ventures work in practice. Drawing on extensive personal experience and using case study examples where appropriate the author analyses the various stages, discusses the problems of partner selection, implementation and control and points out the various benefits and pitfalls. He draws out the implications for improving practice and discusses how the experience of joint ventures affects the theory of the multinational enterprise.
Download or read book International Strategic Alliances written by Frederick D. Lipman and published by World Scientific Publishing Company Incorporated. This book was released on 2013-11 with total page 326 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Strategic Alliances is a practical guide that tackles major issues one might encounter when establishing a Chinese-based or US-based joint venture. It targets small and middle-market US companies that wish to establish strategic alliances based in China or other Asian countries, in order to expand their markets. Unlike other business management books, this book also caters to small, middle market and larger Asian companies (not limited to the Fortune 500 list), that wish to establish strategic alliances based in the US to grow their businesses. One of the chapters includes a detailed step-by-step guide to obtaining a US Green Card through an EB-5 visa for Asian entrepreneurs and their families.
Download or read book Management Issues in China Volume 2 written by John Child and published by Routledge. This book was released on 2018-11-15 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the 1990s progressed, China began to emerge as an economic giant. The chapters in this book, first published in 1996, illustrate many aspects of China’s path to internationalization. They also raise important questions for further study. What becomes clear is that to succeed in China’s business environment, foreign business strategists need to become better informed of the type of challenges that China presents.
Download or read book Greater China written by Chris Rowley and published by Psychology Press. This book was released on 1996 with total page 152 pages. Available in PDF, EPUB and Kindle. Book excerpt: A critical analysis of the reasons underlying the emergence of the Asia Pacific as an economic superpower and the need for judicious evaluation of the likely shape and character of the region's future development. The aim of this collection is to illuminate key areas of debate concerning the People's Republic of China, Hong Kong and Taiwan here collectively referred to as Greater China in the belief that the destiny of the Pacific Rim as a whole will be decisively influenced by economic and political developments in this particular region.
Download or read book International Joint Ventures written by U. Ott and published by Springer. This book was released on 2006-01-17 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Joint Ventures (IJVs) combine the resources of local and foreign firms to create independent business entities, however, their failure rate is high. This analysis of the IJV life cycle considers the problems of multi-person decision-making. A typology of strategic and functional configurations, and solution concepts, are developed.
Download or read book International HRM written by Terence Jackson and published by SAGE. This book was released on 2002-07-24 with total page 268 pages. Available in PDF, EPUB and Kindle. Book excerpt: International HRM provides an account and critique of human resource management from a cross-cultural perspective, and explains theories relevant to the decision-making of real managers.
