Turkey is an attractive location for Western foreign investment
because of its emerging role as a springboard for foreign companies
to access the newly emerging markets of Central Asia via entering
joint ventures with Turkish partners. Turkey's own emerging
potential and its market attractiveness for an incremental share of
world foreign direct investment (FDI) inflows have also been
confirmed by the U.S. government, designating the country as one of
the ten Big Emerging Markets along with China, India, Russia and
Brazil, which are expected to offer the greatest commercial growth
opportunities in the 21st century due to their high economic growth
and rapidly growing population. Tatoglu and Glaister provide an
empirical analysis of the core dimensions of FDI activity based on
primary data collected from Western multinationals engaged in
either wholly-owned subsidiaries or joint ventures and from local
Turkish firms which are the partners in joint ventures in
Turkey.
Written for scholars and students of international business,
global management, and strategic management, as well as for
executives who are actively pursuing international market
opportunities and managers in Turkish firms seeking joint venture
partners, this book provides a timely account of the key facets of
Western FDI activity in Turkey. Tatoglu and Glaister analyze
location specific influences, strategic motives, partner selection
criteria in joint ventures, management control issues and
performance.
General
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