If an international firm’s core competence is based on proprietary tec

QUESTION

If an international firm’s core competence is based on proprietary technology, entering a joint venture might risk losing control of that technology to the joint-venture partner.

Indicate whether the statement is true or false.

ANSWER

TRUE
If an international firm’s core competence is based on proprietary technology, entering a joint venture might risk losing control of that technology to the joint-venture partner, in which case the strategy may seem unattractive.