Relational Capital, Knowledge Transfer and Performance in International Joint Ventures (IJVs) in Korea

  • Chol Lee
  • Chan-Soo Park
  • Ilan Vertinsky


The purpose of this study is to extend our understanding of the impact relational capital has on the transfer of knowledge from foreign parents to international joint ventures (IJVs) and the impact of knowledge transfer on performance.

Drawing from previous studies on IJVs, we develop and empirically test a model linking relational capital, knowledge transfer and performance. The empirical setting is a random sample of IJVs in Korea. Structural equation modeling (SEM) was employed to test the research model using AMOS version 17.0.

The results indicate that strong commitment to the IJV by parents and a strong communication system play a key role in the transfer of knowledge to the IJV and positively influence its performance.

Surprisingly trust between the parents does not contribute significantly to the explanatory powers of the model. In particular, our study highlights the importance of relational capital development to IJVs success.


Knowledge Transfer Opportunistic Behavior International Joint Venture Relational Capital Market Uncertainty 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.



We acknowledge the assistance and support of Jeremy Kim, Diana Lam, Irene Kang, and Angela Ahn. This work was supported by the National Research Foundation of Korea Grant funded by the Korean Government (NRF-2009-327-B00306).


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Copyright information

© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  • Chol Lee
    • 1
  • Chan-Soo Park
    • 2
  • Ilan Vertinsky
    • 2
  1. 1.Graduate School of BusinessSogang UniversitySeoulSouth Korea
  2. 2.Sauder School of BusinessUniversity of British ColumbiaVancouverCanada

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