Achieving value co-creation through cooperation in international joint ventures: A two-level perspective

Achieving value co-creation through cooperation in international joint ventures: A two-level perspective
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通过国际合资企业合作实现价值共创:两个层面的视角

DOI:
10.1016/j.ibusrev.2022.102028
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发表时间:
2022-07
影响因子:
8.7
通讯作者:
Julie Juan Li
Julie Juan Li
中科院分区:
管理学2区
文献类型:
--
作者:
Qingtao Wang;Xuan Bai;Julie Juan Li

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国际合资企业(IJVs)如何加强价值共创?本研究采用资源基础观点(RBV),考察了合作伙伴的文化兼容性和母公司的资产互补性是否促进了合资企业的顶层合作和/或运营层合作,并探讨了合资企业关系中的潜在机制(即顶层目标对齐和运营层目标对齐)。本文还考察了顶层合作和运营层面合作对企业价值共同创造的不同影响。对中国200家合资企业的调查结果表明,合作伙伴的文化兼容性主要通过顶层目标契合对顶层合作产生正向影响,而资产互补性主要通过运营层目标契合对运营层合作产生正向影响。此外,运营层面的合作对价值共同创造的影响强于顶层合作。本研究通过引入两层次的视角,为企业合作和价值共同创造提供了新的视角,并为可持续的企业发展提供了重要的管理启示。
How can international joint ventures (IJVs) enhance value co-creation? Using a resource-based view (RBV), this study examines whether partners’ cultural compatibility and parent companies’ asset complementarity foster top-level cooperation and/or operating-level cooperation in IJVs and investigates the underlying mechanisms (i.e., top-level goal alignment and operating-level goal alignment) in IJV relationships. This study also scrutinizes the differing impacts of top-level and operating-level cooperation on value co-creation in IJVs. The findings from a survey of 200 IJVs in China show that partners’ cultural compatibility positively affects top-level cooperation primarily through top-level goal alignment, while asset complementarity positively affects operating-level cooperation through operating-level goal alignment. Furthermore, operating-level cooperation has a stronger effect on value co-creation than top-level cooperation. This study offers fresh insights into IJV cooperation and value co-creation by introducing a two-level perspective and provides important managerial implications for the development of sustainable IJVs.
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