Local knowledge transfer and performance: Implications for alliance formation in Asia
成果类型:
Article
署名作者:
Makino, S; Delios, A
署名单位:
Western University (University of Western Ontario); University Western Ontario Hospital
刊物名称:
JOURNAL OF INTERNATIONAL BUSINESS STUDIES
ISSN/ISSBN:
0047-2506
DOI:
10.1057/palgrave.jibs.8490156
发表日期:
1996
页码:
905-927
关键词:
摘要:
Foreign firms in host country environments frequently face location-based disadvantages, This study proposes three means (channels) of overcoming local knowledge disadvantages, Based on a sample of 558 Japanese joint ventures (JVs) located in Southeast and East Asia, we find that partnering with local firms (the first channel) can be a primary strategy for accessing local knowledge and improving JV performance, JV experience in the host country (the second channel) also mitigates local knowledge disadvantages and leads to increased JV performance, The third channel, the foreign parent's host country experience, leads to increased performance in the absence of a local partner, However, when a JV is formed with a local partner, increased parent experience in the host country leads to decreased performance suggesting that the need for a local partner declines as parent experience in a host country increases.
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