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This text is the result of a symposium on International Joint Ventures and Strategic Alliances held by the Center for Research in Conflict and Negotiation at Pennsylvania State University. The book provides a cross-disciplinary treatment of the economic and managerial issues affecting joint-venture formation, operation and performance, including subjects ranging from the impact of international trade policy to cross-cultural communication on joint-venture operations. The volume aims to increase understanding of each discipline from the vantage point of the other, building a more complete understanding of joint ventures as a mode of entry into domestic and international markets. Two categories of question are analyzed: issues of importance to the joint potential and actual participants in a joint venture, and issues related to the social effects of joint ventures from the point of view of society as a whole or its agent, the regulator. The questions are addressed using simple theoretical models and conceptual discussions as well as empirical analyses. This book is intended for executives, policy-makers and scholars of economics, decision analysis, political science and management.