Social capital and human resource management in international joint ventures in Vietnam: a perspective from a transitional economy

Autor: Kent E. Neupert, Phan Thi Thuc Anh, C. Christopher Baughn, Ngo Thi Minh Hang
Rok vydání: 2011
Předmět:
Zdroj: The International Journal of Human Resource Management. 22:1017-1035
ISSN: 1466-4399
0958-5192
DOI: 10.1080/09585192.2011.556776
Popis: This study highlights the importance of social capital in international joint ventures (IJVs), and examines human resource practices as a factor shaping such social capital. Comprehensive measures of social capital are developed and tested, which extend prior work on ‘bonding’ and ‘bridging’ social capital. We also link social capital with its anticipated antecedents and consequences. The study's findings are based on data collected from 164 IJVs located in Vietnam. IJV performance was predicted by training and by the level of trust and cooperation between foreign and local personnel. Training (including acquisition of management skills, technology, and cross-cultural understanding) also was predictive of the measures of social capital. A key practical implication arising from this study is that the return on investment from training of joint venture personnel can stem not only from the transfer of technical and management skills needed for developing competitive advantage, but also from the positive impa...
Databáze: OpenAIRE
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