Authors: Sally Stewart
Addresses: Department of Management Studies, University of Hong Kong, Hong Kong
Abstract: In China, the Equity Joint Venture (EJV) is often looked upon as the most appropriate vehicle for developing a long-term relationship with foreign hi-tech industries. However, Chinese spokesmen admit that little of the foreign investment has gone into hi-tech projects, and this paper explains the problems involved in transferring high technology. There is a simpler alternative in the Coproduction Package (CP), but EJV is seen by the Chinese as the most desirable form of cooperation and other forms of business, such as CP, tend to be ignored. The paper includes an analysis of the differing perceptions of EJVs and CPs held by foreign businessmen and Chinese officials.
Keywords: equity joint ventures; coproduction package; high technology; China; technology transfer; high-tech industries; foreign investment.
International Journal of Technology Management, 1988 Vol.3 No.1/2, pp.167 - 179
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