Knowledge acquisition and innovativeness in the international joint ventures: insights from oil and gas industry in Algeria
H. Hartini,
Tamma Elhachemi,
A. Fakhrorazi,
Yudi Fernando,
Rusdi Omar and
Muhammad Shabir Shaharudin
International Journal of Business Excellence, 2024, vol. 33, issue 4, 470-492
Abstract:
The paper aims to investigate the factors that influence international joint ventures (IJV's) knowledge acquisition, and its innovativeness. Data were retrieved through a survey using a self-administered technique. The participants comprised of 126 top managers from oil and gas that involved in IJVs in Algeria. Using PLS-SEM as the statistical tool, the findings show that a relationship does exist between transfer mechanisms and IJV knowledge acquisition. However, knowledge management practices did not indicate any significant influence on IJV knowledge acquisition. Furthermore, the findings also indicate that knowledge acquisition does improve IJV innovativeness. This paper argued that firms that efficiently obtain and utilise new knowledge are more capable of fostering innovation. It is argued that, when IJVs are effective in acquiring new knowledge, they are likely to attain higher innovativeness, enabling them to create new ideas, products or processes.
Keywords: knowledge acquisition; knowledge management practices; transfer mechanisms; innovativeness; international joint venture; IJV; Algeria. (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijbexc:v:33:y:2024:i:4:p:470-492
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