Keeping international joint ventures profitable and competitive: A dynamic capability perspective

Wu Zhan, Yadong Luo

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

This study extends dynamic capability theory to the new setting (international joint ventures) in a new environment (emerging market). The study emphasizes (1) how the two dimensions of an IJV s dynamic capability, namely, capability exploitation and capability exploration, are associated with the venture s financial and competitive outcomes, and (2) how environmental dynamism (the key construct characterizing an emerging market) and interpartner cooperation (the key construct describing an IJV) may moderate the link between dynamic capability and IJV performance. Overall, our analysis of sample IJVs in China validates these propositions. We highlighted theoretical and managerial implications based on the key findings.

Original languageEnglish (US)
Title of host publicationAcademy of Management 2007 Annual Meeting: Doing Well by Doing Good, AOM 2007
StatePublished - 2007
Event67th Annual Meeting of the Academy of Management, AOM 2007 - Philadelphia, PA, United States
Duration: Aug 3 2007Aug 8 2007

Other

Other67th Annual Meeting of the Academy of Management, AOM 2007
CountryUnited States
CityPhiladelphia, PA
Period8/3/078/8/07

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Keywords

  • Dynamic capability
  • IJV

ASJC Scopus subject areas

  • Management Information Systems
  • Management of Technology and Innovation

Cite this

Zhan, W., & Luo, Y. (2007). Keeping international joint ventures profitable and competitive: A dynamic capability perspective. In Academy of Management 2007 Annual Meeting: Doing Well by Doing Good, AOM 2007