Growth and Survival of International Joint Ventures : An External-Internal Legitimacy Perspective

Research output: Journal Publications and Reviews (RGC: 21, 22, 62)21_Publication in refereed journalpeer-review

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Original languageEnglish
Pages (from-to)426-448
Journal / PublicationJournal of Management
Issue number3
Online published1 Jun 2006
Publication statusPublished - Jun 2006
Externally publishedYes


The authors examine the growth and survival of international joint ventures (IJVs) from a legitimacy perspective. In a sample of 291 Sino-Japanese joint ventures in China, they found that Chinese parent age, Chinese parent size, and IJV industry relatedness to either parent had a positive effect on IJV growth and/or survival. However, IJV industry relatedness to both parents led to lower rates of IJV growth and survival. The findings highlight the importance for IJVs to obtain both external and internal legitimacy, as well as the difficulties IJVs face in acquiring internal legitimacy from both parents simultaneously.

Research Area(s)

  • Growth, International joint ventures, Legitimacy, Survival