Despite their popularity and benefits, international interfirm partnerships are inherently risky, and most of them dissolve shortly after their inception. Previous studies have investigated a variety of factors that affect the dissolution of these partnerships in various environmental and organizational contexts. While extant literature provides valuable insights, our knowledge of the drivers of the dissolution of interfirm partnerships by emerging-market multinational enterprises is rather limited. With a focus on international joint ventures (IJVs) as a type of interfirm partnerships, this study develops a typology based on home- and host-countries as either a developed or emerging market, and hence, examines how the country-of-origin of the IJV partners’ home countries and the IJV host country affect the likelihood of dissolution.