THE CHARACTERISTICS AND PERFORMANCE OF KOREAN JOINT VENTURES IN LDCS

Little has been reported on joint ventures between firms from newly industrialized countries and developing countries, This paper examines twelve characteristics of a sample of Korean firms with partners in developing countries (LDCs) and contrasts them with existing research where (a) developed country firms have linked with firms in other developed countries, and (b) developed country firms have linked with local firms in developing countries, As part of the analysis, ten hypotheses were formulated and tested.