Performance Characteristics of International Joint Ventures in Construction

Yıl 2018, Cilt: 2 Sayı: 2, 86 - 96, 01.12.2018

Guzin Aydogan

Öz

Joint ventures have become a very popular strategy
among international contractors over the past three decades, since it allows
achieving a temporary partnership between the participating firms in a project
environment. Partners can combine their distinctive competencies and
complementary resources for the period of a project as well as they can share project
related and host country related risks. This situation also allows
international contractors to conform to the host government policies. Besides
these advantages, IJVs are difficult to manage due to diversification in the
goals of partners and the host country related risk factors. Thus, managing
international joint ventures (IJVs) and measuring the performance of IJVs in
construction have become one of the most popular subjects of the literature after
2000. However, there isn’t any study concerning the key performance characteristics
of IJVs in construction depending on empirical analysis and meta-analysis.
That’s why; the main aim of this study is to determine the key performance characteristics
of international construction joint-ventures through a literature review both
in management science literature and construction management literature by
using meta-analysis technique. The findings of this study can be used in
further studies concerning about performance models of IJVs in construction as
well as can be used by international contractors.

Anahtar Kelimeler

construction management; international construction; joint-ventures; meta-analysis; performance characteristics.

Kaynakça

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