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"

Critically evaluate the hypothesis

Author: Isabell Keil

Publisher: GRIN Verlag

Published: 2004-09-08

Total Pages: 15

ISBN-13: 363830552X

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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”.


Book Synopsis 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" by : Isabell Keil

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”.


Joint Ventures

Joint Ventures

Author: Thilo Trost

Publisher: GRIN Verlag

Published: 2011-12

Total Pages: 29

ISBN-13: 3656013853

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Research Paper (postgraduate) from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: 1.3, Zeppelin University Friedrichshafen, language: English, abstract: The concept of the joint venture was developed in the United States. First, we need to make a distinction between purely contractual, non-equity joint ventures, on the one hand, and equity or corporate joint ventures, on the other. The regular form of joint venture is a company that is founded out of equity provided from two other entities. This venture is similar to a business partnership but limited to a specific project or purpose. The equity joint venture manifests the founding firms‟ willingness to cooperate by providing each a certain percentage of the common capital stock as illustrated in the graphic below (in this case with each partner providing half of the capital stock).There are countless ways to build up an equity joint venture with each partner providing only a certain percentage of the common capital stock (e.g. 70/30%, 90/10%, 51/49% and so forth). The firms gain control over the founded joint venture and share revenues, expenses and assets in equal proportion to their respective contributions to the venture‟s registered capital. Differing arrangements are possible. Over the last decade, we were able to witness rapidly growing companies, some of them seeking for partnerships to take advantage of positive synergy effects to gain in size or to enter new foreign markets. The topic of this essay should be why firms seek to venture, what the benefits of venturing are and why some firms fail after the venture, what are the downsides of this concept?


Book Synopsis Joint Ventures by : Thilo Trost

Download or read book Joint Ventures written by Thilo Trost and published by GRIN Verlag. This book was released on 2011-12 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (postgraduate) from the year 2011 in the subject Business economics - Business Management, Corporate Governance, grade: 1.3, Zeppelin University Friedrichshafen, language: English, abstract: The concept of the joint venture was developed in the United States. First, we need to make a distinction between purely contractual, non-equity joint ventures, on the one hand, and equity or corporate joint ventures, on the other. The regular form of joint venture is a company that is founded out of equity provided from two other entities. This venture is similar to a business partnership but limited to a specific project or purpose. The equity joint venture manifests the founding firms‟ willingness to cooperate by providing each a certain percentage of the common capital stock as illustrated in the graphic below (in this case with each partner providing half of the capital stock).There are countless ways to build up an equity joint venture with each partner providing only a certain percentage of the common capital stock (e.g. 70/30%, 90/10%, 51/49% and so forth). The firms gain control over the founded joint venture and share revenues, expenses and assets in equal proportion to their respective contributions to the venture‟s registered capital. Differing arrangements are possible. Over the last decade, we were able to witness rapidly growing companies, some of them seeking for partnerships to take advantage of positive synergy effects to gain in size or to enter new foreign markets. The topic of this essay should be why firms seek to venture, what the benefits of venturing are and why some firms fail after the venture, what are the downsides of this concept?


Joint Ventures & Other Market Entry Strategies in China

Joint Ventures & Other Market Entry Strategies in China

Author:

Publisher:

Published: 1994

Total Pages:

ISBN-13:

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Book Synopsis Joint Ventures & Other Market Entry Strategies in China by :

Download or read book Joint Ventures & Other Market Entry Strategies in China written by and published by . This book was released on 1994 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:


Strategies for Joint Ventures in the People's Republic of China

Strategies for Joint Ventures in the People's Republic of China

Author: Iqbal Mathur

Publisher: Praeger

Published: 1987-09-22

Total Pages: 216

ISBN-13:

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The authors show that the sucess of a joint venture in the People's Rebublic of China, to a considerable extent, depends on understanding the Chinese perspective. They not only offer this perspective, but mingle it with the Western view. This book provides information not readily available in Western literature. The authors help the reader develop a feel for Chinese ideology, culture and infrastructure. Chapter by chapter, they show that successful joint ventures in the PRC are definitely feasible.


Book Synopsis Strategies for Joint Ventures in the People's Republic of China by : Iqbal Mathur

Download or read book Strategies for Joint Ventures in the People's Republic of China written by Iqbal Mathur and published by Praeger. This book was released on 1987-09-22 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authors show that the sucess of a joint venture in the People's Rebublic of China, to a considerable extent, depends on understanding the Chinese perspective. They not only offer this perspective, but mingle it with the Western view. This book provides information not readily available in Western literature. The authors help the reader develop a feel for Chinese ideology, culture and infrastructure. Chapter by chapter, they show that successful joint ventures in the PRC are definitely feasible.


International Strategic Alliances

International Strategic Alliances

Author: Frederick D. Lipman

Publisher:

Published: 2012-12

Total Pages: 330

ISBN-13: 9780615680873

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International Strategic Alliances is primarily directed at U.S. companies, specifically middle-market or smaller, who wish to establish strategic alliances based in China or other Asian countries. Unlike other books, International Strategic Alliances is also intended for middle market or smaller Asian companies who wish to establish strategic alliances based in the U.S. One of the chapters includes a detailed step-by-step guide to obtaining a U.S. Green Card through an EB-5 visa for Asian entrepreneurs and their families. About the Authors: Frederick D. Lipman is a senior partner with the international law firm of Blank Rome LLP, with offices in Hong Kong and Shanghai. He has lectured on business topics in China and has appeared on Chinese television. Mr. Lipman has lectured in the MBA program at the Wharton School of Business and at the University of Pennsylvania Law School. A graduate of Harvard Law School, he has appeared on CNBC, CNN and Bloomberg and has been quoted in the Wall Street Journal, the New York Times, USA Today, Forbes, and other business publications. Mr. Lipman is an internationally known authority on business law and has authored 14 books, including Whistleblowers, Incentives, Disincentives and Protection Strategies (John Wiley & Sons, Inc. 2012), The Family Business Guide (Palgrave Macmillan 2010), International and U.S. IPO Planning (John Wiley & Sons, Inc. 2009), Valuing Your Business: Strategies to Maximize the Sale Price (John Wiley & Sons, Inc. (2005), Executive Compensation Best Practices (John Wiley & Sons, Inc. 2008), Corporate Governance Best Practices (John Wiley & Sons, Inc. 2006), and Audit Committees (The Bureau of National Affairs, Inc. 2008). Professor Larry Dongxiao Qui is a professor at the School of Economics and Finances and an Associate Dean at The University of Hong Kong. He teaches courses in foreign trade and investment in China and has published a number of academic papers, including a paper entitled "Cross-Border Strategic Alliances and Foreign Market Entry," and co-authored an article entitled "International Mergers: Incentives and Welfare." Dr. Qui obtained his Bachelor of Science (Math) degree in 1983 from Zhongshan University, China, Master of Arts (Economics) degree in 1989 and PhD (Economics) degree in 1993 from University of British Columbia, Canada. He then joined Hong Kong University of Science and Technology in 1993 as an assistant professor and later became an associate professor and then professor. He moved to the University of Hong Kong in January 2008 as a professor. Dr. Qui's research covers a wide range of topics, with focuses on industrial organization, international trade and foreign direct investment (FDI). In the field of FDI, he analyzes cross-border M&As, strategic alliances and technology transfer. He has also done some research on China's foreign trade and FDI. He has published extensively in international journals and books. Dr. Qui has taught a variety of courses at all levels and in many places including China, Hong Kong and Portugal. Examples of his courses include globalization, international trade and finance, China's industry analysis, and foreign trade and investment in China.


Book Synopsis International Strategic Alliances by : Frederick D. Lipman

Download or read book International Strategic Alliances written by Frederick D. Lipman and published by . This book was released on 2012-12 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: International Strategic Alliances is primarily directed at U.S. companies, specifically middle-market or smaller, who wish to establish strategic alliances based in China or other Asian countries. Unlike other books, International Strategic Alliances is also intended for middle market or smaller Asian companies who wish to establish strategic alliances based in the U.S. One of the chapters includes a detailed step-by-step guide to obtaining a U.S. Green Card through an EB-5 visa for Asian entrepreneurs and their families. About the Authors: Frederick D. Lipman is a senior partner with the international law firm of Blank Rome LLP, with offices in Hong Kong and Shanghai. He has lectured on business topics in China and has appeared on Chinese television. Mr. Lipman has lectured in the MBA program at the Wharton School of Business and at the University of Pennsylvania Law School. A graduate of Harvard Law School, he has appeared on CNBC, CNN and Bloomberg and has been quoted in the Wall Street Journal, the New York Times, USA Today, Forbes, and other business publications. Mr. Lipman is an internationally known authority on business law and has authored 14 books, including Whistleblowers, Incentives, Disincentives and Protection Strategies (John Wiley & Sons, Inc. 2012), The Family Business Guide (Palgrave Macmillan 2010), International and U.S. IPO Planning (John Wiley & Sons, Inc. 2009), Valuing Your Business: Strategies to Maximize the Sale Price (John Wiley & Sons, Inc. (2005), Executive Compensation Best Practices (John Wiley & Sons, Inc. 2008), Corporate Governance Best Practices (John Wiley & Sons, Inc. 2006), and Audit Committees (The Bureau of National Affairs, Inc. 2008). Professor Larry Dongxiao Qui is a professor at the School of Economics and Finances and an Associate Dean at The University of Hong Kong. He teaches courses in foreign trade and investment in China and has published a number of academic papers, including a paper entitled "Cross-Border Strategic Alliances and Foreign Market Entry," and co-authored an article entitled "International Mergers: Incentives and Welfare." Dr. Qui obtained his Bachelor of Science (Math) degree in 1983 from Zhongshan University, China, Master of Arts (Economics) degree in 1989 and PhD (Economics) degree in 1993 from University of British Columbia, Canada. He then joined Hong Kong University of Science and Technology in 1993 as an assistant professor and later became an associate professor and then professor. He moved to the University of Hong Kong in January 2008 as a professor. Dr. Qui's research covers a wide range of topics, with focuses on industrial organization, international trade and foreign direct investment (FDI). In the field of FDI, he analyzes cross-border M&As, strategic alliances and technology transfer. He has also done some research on China's foreign trade and FDI. He has published extensively in international journals and books. Dr. Qui has taught a variety of courses at all levels and in many places including China, Hong Kong and Portugal. Examples of his courses include globalization, international trade and finance, China's industry analysis, and foreign trade and investment in China.


Bulletin of the Atomic Scientists

Bulletin of the Atomic Scientists

Author:

Publisher:

Published: 1970-06

Total Pages: 116

ISBN-13:

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The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.


Book Synopsis Bulletin of the Atomic Scientists by :

Download or read book Bulletin of the Atomic Scientists written by and published by . This book was released on 1970-06 with total page 116 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.


Market Entry in China

Market Entry in China

Author: Christiane Prange

Publisher: Springer

Published: 2016-05-14

Total Pages: 220

ISBN-13: 3319291394

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This book compiles brand new case studies on the intricacies and market entry strategies of different companies in China. The sheer speed and scope of China’s growth makes it unique and investment opportunities are very attractive. Despite the potential, many western companies fail in their market entry strategies. This book traces the major sources of failure and uses cases to illustrate how firms can better cope with the challenging Chinese market. With a special focus on marketing, positioning, and branding, this book presents issues and solutions of both large multinationals and small niche market players.


Book Synopsis Market Entry in China by : Christiane Prange

Download or read book Market Entry in China written by Christiane Prange and published by Springer. This book was released on 2016-05-14 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book compiles brand new case studies on the intricacies and market entry strategies of different companies in China. The sheer speed and scope of China’s growth makes it unique and investment opportunities are very attractive. Despite the potential, many western companies fail in their market entry strategies. This book traces the major sources of failure and uses cases to illustrate how firms can better cope with the challenging Chinese market. With a special focus on marketing, positioning, and branding, this book presents issues and solutions of both large multinationals and small niche market players.


Doing Business 2020

Doing Business 2020

Author: World Bank

Publisher: World Bank Publications

Published: 2019-11-21

Total Pages: 241

ISBN-13: 1464814414

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Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.


Book Synopsis Doing Business 2020 by : World Bank

Download or read book Doing Business 2020 written by World Bank and published by World Bank Publications. This book was released on 2019-11-21 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.


Foreign Parent Control and International Joint Venture Performance

Foreign Parent Control and International Joint Venture Performance

Author: Huu Le Nguyen

Publisher: University of Vaasa

Published: 2009

Total Pages: 186

ISBN-13: 9524762676

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Ulkomaalaisen emoyhtiön kontrolli ja menestys kansainvälisissä yhteisyrityksissä.


Book Synopsis Foreign Parent Control and International Joint Venture Performance by : Huu Le Nguyen

Download or read book Foreign Parent Control and International Joint Venture Performance written by Huu Le Nguyen and published by University of Vaasa. This book was released on 2009 with total page 186 pages. Available in PDF, EPUB and Kindle. Book excerpt: Ulkomaalaisen emoyhtiön kontrolli ja menestys kansainvälisissä yhteisyrityksissä.


Interpreting China's Grand Strategy

Interpreting China's Grand Strategy

Author: Michael D. Swaine

Publisher: Rand Corporation

Published: 2000-03-22

Total Pages: 305

ISBN-13: 0833048309

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China's continuing rapid economic growth and expanding involvement in global affairs pose major implications for the power structure of the international system. To more accurately and fully assess the significance of China's emergence for the United States and the global community, it is necessary to gain a more complete understanding of Chinese security thought and behavior. This study addresses such questions as: What are China's most fundamental national security objectives? How has the Chinese state employed force and diplomacy in the pursuit of these objectives over the centuries? What security strategy does China pursue today and how will it evolve in the future? The study asserts that Chinese history, the behavior of earlier rising powers, and the basic structure and logic of international power relations all suggest that, although a strong China will likely become more assertive globally, this possibility is unlikely to emerge before 2015-2020 at the earliest. To handle this situation, the study argues that the United States should adopt a policy of realistic engagement with China that combines efforts to pursue cooperation whenever possible; to prevent, if necessary, the acquisition by China of capabilities that would threaten America's core national security interests; and to remain prepared to cope with the consequences of a more assertive China.


Book Synopsis Interpreting China's Grand Strategy by : Michael D. Swaine

Download or read book Interpreting China's Grand Strategy written by Michael D. Swaine and published by Rand Corporation. This book was released on 2000-03-22 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: China's continuing rapid economic growth and expanding involvement in global affairs pose major implications for the power structure of the international system. To more accurately and fully assess the significance of China's emergence for the United States and the global community, it is necessary to gain a more complete understanding of Chinese security thought and behavior. This study addresses such questions as: What are China's most fundamental national security objectives? How has the Chinese state employed force and diplomacy in the pursuit of these objectives over the centuries? What security strategy does China pursue today and how will it evolve in the future? The study asserts that Chinese history, the behavior of earlier rising powers, and the basic structure and logic of international power relations all suggest that, although a strong China will likely become more assertive globally, this possibility is unlikely to emerge before 2015-2020 at the earliest. To handle this situation, the study argues that the United States should adopt a policy of realistic engagement with China that combines efforts to pursue cooperation whenever possible; to prevent, if necessary, the acquisition by China of capabilities that would threaten America's core national security interests; and to remain prepared to cope with the consequences of a more assertive China.