Knowledge acquisition from foreign parents in international joint ventures: An empirical study in Vietnam
AbstractDrawing on alliance learning and absorptive capacity literatures, we propose a model-linking absorptive capacity, knowledge acquisition, and performance. The model is tested in a sample of 173 international joint ventures (IJVs) in Vietnam. The results show that all three components of absorptive capacity contributed substantially to the level of knowledge acquisition reported by IJVs. Critical factors predicting knowledge acquisition included investment in training, employees' ability to learn, and joint participation. Knowledge acquisition, especially the acquisition of tacit knowledge, was found to contribute significantly to IJV performance. Our model generally supports existing theories regarding the relationship between absorptive capacity and knowledge acquisition, as well as between knowledge acquisition and performance.
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Bibliographic InfoArticle provided by Elsevier in its journal International Business Review.
Volume (Year): 15 (2006)
Issue (Month): 5 (October)
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Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/133/description#description
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- María Magdalena Jiménez Barrionuevo & Luis Miguel Molina Fernández & Víctor Jesús García Morales, 2009. "Capacidad de absorción del conocimiento: medición," FEG Working Paper Series 09/02, Faculty of Economics and Business (University of Granada).
- Wu Zhan & Roger Chen & M. Erramilli & Duc Nguyen, 2009. "Acquisition of organizational capabilities and competitive advantage of IJVs in transition economies: The case of Vietnam," Asia Pacific Journal of Management, Springer, vol. 26(2), pages 285-308, June.
- T. Vapola, 2011. "The laws of attraction: What attracts innovative start-up firms to partnerships with global MNCs?," Journal of International Entrepreneurship, Springer, vol. 9(1), pages 39-61, March.
- Byung Park, 2010. "What matters to managerial knowledge acquisition in international joint ventures? High knowledge acquirers versus low knowledge acquirers," Asia Pacific Journal of Management, Springer, vol. 27(1), pages 55-79, March.
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