International Joint Ventures in the Framework of Dunnings’ Oli Paradigm-A Study of Indian Corporates

The study aims to understand the motives for International Joint Ventures in India with at least one foreign partner in the framework of Dunning's OLI paradigm across industries and timelines.

The paper is conceptual and uses secondary sources. The list of Joint Ventures is obtained from the S&P BSE 500 listed Indian companies and is cross-industry in nature.

Approximately 200 IJVs are studied through the data available on their websites and other electronic resources. It identifies factor from among ownership, location, and internalisation which was prominent in the formation of the particular joint venture. It identifies motives of IJVs across sectors and timelines.

The study highlights the trend of important factors of bringing inward FDI in India in the form of International Joint Ventures.

Since a large sample of 200 companies is taken it is not possible to study each company in great detail.

Few studies have focussed on IJVs from the perspective of Dunning's OLI approach thus the study is original in nature.