Research on internationalisation and IJV learning has noted the importance of learning in IJV formulation and operation. We here consider under what conditions IJVs can build joint absorptive capacity across foreign and local parents. For that purpose, we conceptually document dynamic co-learning processes within IJVs. Our conceptual framework reinforces understanding of the management of learning in IJVs, and its outcome. More specifically, we identify inter-organisational learning processes for co-learning and an iterative feedback system for dynamic learning, and show how both can lead to the creation of joint absorptive capacity. Fine-grained documentation of processes of dynamic co-learning establishes how IJVs avoid unplanned premature termination, and co-create knowledge on a sustainable basis. Overall, we show that IJVs that implement dynamic co-learning can shape the co-evolutionary path of foreign and local firms before they go on to compete in broader global markets.
|Title of host publication||The Rise of Multinationals from Emerging Economies: Achieving a New Balance|
|Editors||Palitha Konara, Yoo Jung Ha, Frank McDonald, Yingqi Wei|
|ISBN (Print)||9781137473103 HB|
|Publication status||Published - 2015|