BibTex RIS Cite

The Projection With Historical Perspective: Persuading Global Giants to Joint Venture

Year 2016, Volume: 16 Issue: 3, 491 - 502, 01.07.2016

Abstract

This research aims to reveal the pre-conditions for local firms to form a joint venture with global giant firms, which is one of the most direct ways to integrate into global value chain. With globalization, the power concentrates into the hands of few firms in almost all industries. These firms, which have become multi-national enterprises, target the markets of developing countries for further growth. Thus, local firms under pressure may convert this difficulty to their favour only if they can develop capabilities and create a congruent organizational culture to the those of giant firms. This research makes a case study on two Turkish firms that drew the attention of giant firms leading to the joint ventures formed in different time periods. By examining the activities of two case firms before their forming joint venture, this research finds the commonalities across two cases regardless time. Therefore, the results of this research provide a guidance to Turkish firms on what they need to do in future for drawing the attention of giant firms. the results indicate an important theoretical contribution by linking the social capital theory to the pre-conditions of international strategic alliances

References

  • Adler, P. S. ve Kwon, S. W. (2002) “Social capital: prospects for a new concept’”. Academy of Management Review, 27: 17–40.
  • Barabel, M., Meier, O., ve Soparnot, R. (2015). “Asymmetric alliances between SMEs and large firms in the area of innovation: strategic determinants and cultural effects”. Gestion 2000, 31(6): 87-106.
  • Borys, B. ve Jemison, D. B. (1989). “Hybrid arrangements as strategic alliances: Theoretical issues in organizational combinations”. Academy of management review, 14(2): 234-249.
  • Bourdieu, P. (1980) “Le capital social: notes provisoires”. Actes de le recherche scientifique et sociale, 30: 3–6.
  • Carnovale, S., ve Yeniyurt, S. (2014) ”The role of ego networks in manufacturing joint venture formations”. Journal of Supply Chain Management, 50(2): 1-17.
  • Chen, H., ve Chen, T. J. (2002) “Asymmetric strategic alliances: A network view”. Journal of Business Research, 55(12): 1007-1013.
  • Choi, T., ve Kim, Y. (2008) “Structural embeddedness and supplier management: A network perspective”. Journal of Supply Chain Management, 44 (4): 5–13.
  • Dacin, M. T., Hitt, M. A., ve Levitas, E. (1997). “Selecting partners for successful international alliances: Examination of US and Korean firms”. Journal of world business, 32(1): 3-16.
  • Delios, A., ve Henisz, W. I. (2000) “Japanese firms’ investment strategies in emerging economies”. Academy of Management journal, 43(3): 305-323.
  • Eisenhardt, K. M. (1989) “Building theories from case study research”. Academy of management review, 14(4): 532-550.
  • Garvin, D. A. (2003) “Learning in action: A guide to putting the learning organization to work”. Harvard Business Review Press.
  • Geringer, J. M. (1991) “Strategic determinants of partner selection criteria in international joint ventures”. Journal of international business studies: 41- 62.
  • Giuliani, E., Pietrobelli, C., ve Rabellotti, R. (2005). “Upgrading in global value chains: lessons from Latin American clusters”. World development, 33(4): 549- 573.
  • Glaister, K. W., ve Buckley, P. J. (1996) “Strategic Motives For International Alliance Formation”. Journal of Management studies, 33(3): 301-332.
  • GS Yuasa (2015), http://www.gs-yuasa.com/en/ company/, (20.12.2015).
  • Gulati, R. (1998) “Alliances and networks”. Strategic Management Journal, 19: 293-317.
  • Hamel, G. (1991) “Competition for competence and interpartner learning within international strategic alliances”. Strategic management journal, 12(S1): 83- 103.
  • Hitt, M. A., Dacin, M. T., Levitas, E., Arregle, J. L., ve Borza, A. (2000). “Partner selection in emerging and developed market contexts: Resource-based and organizational learning perspectives”. Academy of Management journal, 43(3): 449-467.
  • İnci Akü (2015), http://www.inciaku.com/tr/tarihce, (17.11.2015).
  • Inkpen, A. C., ve Beamish, P. W. (1997) “Knowledge, bargaining power, and the instability of international joint ventures”. Academy of management review, 22(1): 177-202.
  • Inkpen, A. C., ve Currall, S. C. (1998). “The nature, antecedents, and consequences of joint venture trust”. Journal of International Management, 4(1): 1-20.
  • Kangal, N. (2013) “Sosyal sermaye teorileri ve sosyal sermaye kalkınma ilişkisi: Türkiye örneği” Yayınlanmış doktora tezi, Selçuk Üniversitesi Sosyal Bilimler Enstitüsü.
  • Kogut, B. (1988). “Joint ventures: Theoretical and empirical perspectives”. Strategic management journal, 9(4): 319-332.
  • Li, C. Y. (2012) “Knowledge stickiness in the buyer–supplier knowledge transfer process: The moderating effects of learning capability and social embeddedness”. Expert Systems with Applications, 39(5): 5396-5408.
  • Marquardt, M. J. (1996) “Building the learning organization”. New York, NY: McGraw-Hill Companies. Nahapiet, J. ve Ghoshal, S. (1998) “Social capital, intellectual capital, and the organizational advantage” Academy of Management Review, 23(2): 242–266.
  • Nijmeijer, K. J., Fabbricotti, I. N., ve Huijsman, R. (2014) “Making franchising work: a framework based on a systematic review”. International Journal of Management Reviews, 16(1): 62-83.
  • Otte, E., ve Rousseau, R. (2002) “Social network analysis: a powerful strategy, also for the information sciences”. Journal of information Science, 28(6): 441- 453.
  • Park, G., Kim, M. J., ve Kang, J. (2015) “Competitive embeddedness: The impact of competitive relations among a firm’s current alliance partners on its new alliance formations”. International Business Review, 24(2): 196-208.
  • Petrofer (2015), http://www.petrofer.com/en/ company/petrofer-worldwide.html, (12.12.2015).
  • Prashantham, S., ve Birkinshaw, J. (2008). “Dancing with gorillas: How small companies can partner effectively with MNCs”. California management review, 51(1): 6-23.
  • Tatoglu, E. (2000) “Western joint ventures in Turkey: strategic motives and partner selection criteria”. European Business Review, 12(3): 137-147.
  • Todeva, E., ve Knoke, D. (2005) “Strategic alliances and models of collaboration”. Management Decision, 43(1): 123-148.
  • Yin, R. K. (2013) “Case study research: Design and methods” Sage publications.

Tarihsel Perspektifle Geleceğe Projeksiyon: Dünya Devlerini Ortak Girişime İkna Etme

Year 2016, Volume: 16 Issue: 3, 491 - 502, 01.07.2016

Abstract

Bu araştırma, bölgesel firmalarının küresel değer zincirine entegre olabilmelerinin doğrudan yollarından biri olan yabancı dev firmalar ile ortak girişimde bulunabilmenin öncül koşullarını ortaya çıkarmayı amaçlamaktadır. Küreselleşme ile hemen hemen her endüstride güç, belli firmaların elinde toplanmakta ve çok uluslu şirket halini alan bu dev firmalar gelişmekte olan ülke pazarlarını büyümek için hedef almaktadır. Bunun sonucunda ayakta kalmaları zorlaşan bölgesel firmaların ancak yetilerini ve organizasyon kültürlerini dev firmalarınkine tamamlayıcı olarak geliştirdikleri takdirde bu durumu lehlerine çevirmeleri mümkün gözükmektedir. Farklı zaman dilimlerinde bunu başarabilmiş iki Türk firmasına vaka analizi yapan bu araştırma, dev firmaları ortaklık teklif ettirecek noktaya getiren süreçlerin ortak noktalarını zamandan bağımsız olarak ortaya koymaktadır. Böylelikle bu araştırmanın sonuçları gelecekte Türk firmalarının dev firmalarla ortaklık yaparak küresel değer zincirine adapte olmak için hangi süreçleri izlemeleri gerektiğine dair bir projeksiyon tutacaktır. Bu araştırmanın sonuçları ayrıca sosyal sermaye ile uluslararası iş birliklerinin öncül dinamiklerini ilişkilendirerek önemli teorik katkılarda bulunmaktadır

References

  • Adler, P. S. ve Kwon, S. W. (2002) “Social capital: prospects for a new concept’”. Academy of Management Review, 27: 17–40.
  • Barabel, M., Meier, O., ve Soparnot, R. (2015). “Asymmetric alliances between SMEs and large firms in the area of innovation: strategic determinants and cultural effects”. Gestion 2000, 31(6): 87-106.
  • Borys, B. ve Jemison, D. B. (1989). “Hybrid arrangements as strategic alliances: Theoretical issues in organizational combinations”. Academy of management review, 14(2): 234-249.
  • Bourdieu, P. (1980) “Le capital social: notes provisoires”. Actes de le recherche scientifique et sociale, 30: 3–6.
  • Carnovale, S., ve Yeniyurt, S. (2014) ”The role of ego networks in manufacturing joint venture formations”. Journal of Supply Chain Management, 50(2): 1-17.
  • Chen, H., ve Chen, T. J. (2002) “Asymmetric strategic alliances: A network view”. Journal of Business Research, 55(12): 1007-1013.
  • Choi, T., ve Kim, Y. (2008) “Structural embeddedness and supplier management: A network perspective”. Journal of Supply Chain Management, 44 (4): 5–13.
  • Dacin, M. T., Hitt, M. A., ve Levitas, E. (1997). “Selecting partners for successful international alliances: Examination of US and Korean firms”. Journal of world business, 32(1): 3-16.
  • Delios, A., ve Henisz, W. I. (2000) “Japanese firms’ investment strategies in emerging economies”. Academy of Management journal, 43(3): 305-323.
  • Eisenhardt, K. M. (1989) “Building theories from case study research”. Academy of management review, 14(4): 532-550.
  • Garvin, D. A. (2003) “Learning in action: A guide to putting the learning organization to work”. Harvard Business Review Press.
  • Geringer, J. M. (1991) “Strategic determinants of partner selection criteria in international joint ventures”. Journal of international business studies: 41- 62.
  • Giuliani, E., Pietrobelli, C., ve Rabellotti, R. (2005). “Upgrading in global value chains: lessons from Latin American clusters”. World development, 33(4): 549- 573.
  • Glaister, K. W., ve Buckley, P. J. (1996) “Strategic Motives For International Alliance Formation”. Journal of Management studies, 33(3): 301-332.
  • GS Yuasa (2015), http://www.gs-yuasa.com/en/ company/, (20.12.2015).
  • Gulati, R. (1998) “Alliances and networks”. Strategic Management Journal, 19: 293-317.
  • Hamel, G. (1991) “Competition for competence and interpartner learning within international strategic alliances”. Strategic management journal, 12(S1): 83- 103.
  • Hitt, M. A., Dacin, M. T., Levitas, E., Arregle, J. L., ve Borza, A. (2000). “Partner selection in emerging and developed market contexts: Resource-based and organizational learning perspectives”. Academy of Management journal, 43(3): 449-467.
  • İnci Akü (2015), http://www.inciaku.com/tr/tarihce, (17.11.2015).
  • Inkpen, A. C., ve Beamish, P. W. (1997) “Knowledge, bargaining power, and the instability of international joint ventures”. Academy of management review, 22(1): 177-202.
  • Inkpen, A. C., ve Currall, S. C. (1998). “The nature, antecedents, and consequences of joint venture trust”. Journal of International Management, 4(1): 1-20.
  • Kangal, N. (2013) “Sosyal sermaye teorileri ve sosyal sermaye kalkınma ilişkisi: Türkiye örneği” Yayınlanmış doktora tezi, Selçuk Üniversitesi Sosyal Bilimler Enstitüsü.
  • Kogut, B. (1988). “Joint ventures: Theoretical and empirical perspectives”. Strategic management journal, 9(4): 319-332.
  • Li, C. Y. (2012) “Knowledge stickiness in the buyer–supplier knowledge transfer process: The moderating effects of learning capability and social embeddedness”. Expert Systems with Applications, 39(5): 5396-5408.
  • Marquardt, M. J. (1996) “Building the learning organization”. New York, NY: McGraw-Hill Companies. Nahapiet, J. ve Ghoshal, S. (1998) “Social capital, intellectual capital, and the organizational advantage” Academy of Management Review, 23(2): 242–266.
  • Nijmeijer, K. J., Fabbricotti, I. N., ve Huijsman, R. (2014) “Making franchising work: a framework based on a systematic review”. International Journal of Management Reviews, 16(1): 62-83.
  • Otte, E., ve Rousseau, R. (2002) “Social network analysis: a powerful strategy, also for the information sciences”. Journal of information Science, 28(6): 441- 453.
  • Park, G., Kim, M. J., ve Kang, J. (2015) “Competitive embeddedness: The impact of competitive relations among a firm’s current alliance partners on its new alliance formations”. International Business Review, 24(2): 196-208.
  • Petrofer (2015), http://www.petrofer.com/en/ company/petrofer-worldwide.html, (12.12.2015).
  • Prashantham, S., ve Birkinshaw, J. (2008). “Dancing with gorillas: How small companies can partner effectively with MNCs”. California management review, 51(1): 6-23.
  • Tatoglu, E. (2000) “Western joint ventures in Turkey: strategic motives and partner selection criteria”. European Business Review, 12(3): 137-147.
  • Todeva, E., ve Knoke, D. (2005) “Strategic alliances and models of collaboration”. Management Decision, 43(1): 123-148.
  • Yin, R. K. (2013) “Case study research: Design and methods” Sage publications.
There are 33 citations in total.

Details

Other ID JA24CH53BM
Journal Section Research Article
Authors

Metehan Feridun Sorkun This is me

Meltem Onay This is me

Publication Date July 1, 2016
Published in Issue Year 2016 Volume: 16 Issue: 3

Cite

APA Sorkun, M. F., & Onay, M. (2016). The Projection With Historical Perspective: Persuading Global Giants to Joint Venture. Ege Academic Review, 16(3), 491-502.
AMA Sorkun MF, Onay M. The Projection With Historical Perspective: Persuading Global Giants to Joint Venture. ear. July 2016;16(3):491-502.
Chicago Sorkun, Metehan Feridun, and Meltem Onay. “The Projection With Historical Perspective: Persuading Global Giants to Joint Venture”. Ege Academic Review 16, no. 3 (July 2016): 491-502.
EndNote Sorkun MF, Onay M (July 1, 2016) The Projection With Historical Perspective: Persuading Global Giants to Joint Venture. Ege Academic Review 16 3 491–502.
IEEE M. F. Sorkun and M. Onay, “The Projection With Historical Perspective: Persuading Global Giants to Joint Venture”, ear, vol. 16, no. 3, pp. 491–502, 2016.
ISNAD Sorkun, Metehan Feridun - Onay, Meltem. “The Projection With Historical Perspective: Persuading Global Giants to Joint Venture”. Ege Academic Review 16/3 (July 2016), 491-502.
JAMA Sorkun MF, Onay M. The Projection With Historical Perspective: Persuading Global Giants to Joint Venture. ear. 2016;16:491–502.
MLA Sorkun, Metehan Feridun and Meltem Onay. “The Projection With Historical Perspective: Persuading Global Giants to Joint Venture”. Ege Academic Review, vol. 16, no. 3, 2016, pp. 491-02.
Vancouver Sorkun MF, Onay M. The Projection With Historical Perspective: Persuading Global Giants to Joint Venture. ear. 2016;16(3):491-502.