Learning from Success & Failure: International Joint Ventures in Emerging Markets

Publikation: Konferencebidrag uden forlag/tidsskriftKonferenceabstrakt til konferenceForskningpeer review


The purpose of the Ph.D. dissertation is to examine how do joint learning influence management of international joint ventures in emerging markets? Entering and developing presence in emerging markets often require foreign firms to set up International Joint Ventures (IJVs) with local partners, especially when the prime motive of the operation is to capture opportunities in the local markets. However, the performance of IJVs generally turns out to be quite poor whether measured in economic value added, parent organization’s satisfaction or survival. For instance, termination rates of IJVs are depicted as high in the literature, and some scholars have even demonstrated termination rates of IJVs varying between 30 – 70 %. Thus, management of IJVs, in general, appears to be a difficult issue, especially in emerging markets where firms experience that their IJVs often does not meet their expectations. Inter-partner learning has been proposed in the literature as a major cause of IJV instability. However, current research indicates that when IJV partners engage in joint learning to create new IJV-specific knowledge that benefits both partners it stabilizes and sustains the IJV. Yet, joint learning in IJVs have rarely been examined in the context of IJVs in emerging markets. This paucity of studies concerning joint learning and knowledge creation in IJVs have been noted at a critical research gap in the literature.
Antal sider14
StatusUdgivet - 2017
Begivenhed14th Vaasa Conference on International Business - University of Vaasa, Vaasa, Finland
Varighed: 23. aug. 201725. aug. 2017
Konferencens nummer: 14th


Konference14th Vaasa Conference on International Business
LokationUniversity of Vaasa


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