Joint-ventures as strategic choice--a literature review.
The concept of 'strategic options' has become firmly established in recent years--this regards choices such as 'organic growth', acquisition, merger, and so on. This paper explores one such route forward, the option of joint-ventures. The examination is undertaken within a framework that considers market structures and the pressures for change. Initial sections introduce a form of analysis based upon the work of Michael Porter. This is used to suggest how and why joint-ventures and other alliances are attractive. Later discussion considers some of the practical considerations when setting-up a joint-venture.
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D003659:Decision Making, Organizational; D004465:Economic Competition; D006273:Health Facility Merger / Q000458:organization & administration; D006759:Hospital-Physician Joint Ventures / Q000458:organization & administration; D007221:Industry / Q000458:organization & administration*; D008962:Models, Theoretical; D009935:Organizational Affiliation / Q000191:economics*; D009937:Organizational Objectives; D010934:Planning Techniques; D011357:Product Line Management / Q000458:organization & administration; D014481:United States