Knowledge Acquisition and Performance of International Joint Ventures in the Transition Economy of Vietnam

Abstract

From a knowledge-based perspective, the authors develop a model that proposes (1) that certain international joint venture characteristics influence the joint venture's knowledge acquisition from its foreign parent and (2) that the amount of knowledge acquired affects venture performance. The authors test the model in Vietnam and find that parental conflict, commitment, and receptivity affect knowledge acquisition. As they hypothesize, the amount of knowledge acquired contributes significantly to venture performance.