- مبلغ: ۸۶,۰۰۰ تومان
- مبلغ: ۹۱,۰۰۰ تومان
This paper studies the transfer of tacit and explicit knowledge from foreign parents to international joint ventures (IJVs) and the impact of these two types of knowledge transfers on the performance of young and mature IJVs. We estimate a structural equation model using survey data from 334 Korean joint ventures and find support for our hypotheses regarding IJV age, knowledge transfers, and performance. Our results show that IJV age is positively associated with the transfer of tacit knowledge, but not with the transfer of explicit knowledge. In contrast, the transfer of tacit knowledge has a significant impact on the performance of both young and mature IJVs, while the transfer of explicit knowledge only has a significant effect on the performance of mature IJVs. These results confirm the important role of IJV age as a driver of knowledge transfers in IJVs, and as a moderator of their effects on performance.
6. Discussion and conclusion
Enterprises in developing countries may be limited in their ability to acquire knowledge resources since they are deprived of the benefits of knowledge spillovers because of their knowledgepoor environments. IJVs are often an important exception since they can benefit from knowledge transfers from their foreign parents. Indeed, they can provide a channel through which knowledge generated in managerially and technologically advanced countries is disseminated to developing countries. Arguably, IJVs have played an important role in facilitating knowledge transfers from technologically-advanced countries to South Korea, contributing to its exceptionally rapid transformation from a developing economy to a leading industrialized one. Though knowledge transfers result in a change in the knowledge base of the recipient firm, neither are all IJVs equally prepared to absorb all types of knowledge from their foreign partner, nor does every change in knowledge base necessarily lead to a discernible change in IJV performance. Integrating insights from strategy and learning theories, we have developed and tested a model that examines the effect of age on the transfer of explicit and tacit knowledge, and the relationship between such knowledge transfers and improved organizational performance.