“…IJVs offer a channel for learning opportunities (Park & Ghauri, 2011) and provide a means of developing ventures that obtain knowledge, skills and competencies from partners with complementary capabilities (Beamish & Berdrow, 2003;Inkpen, 2008;Kwon, 2008;Tsang, 2002). IJVs need to ensure appropriate learning processes because their capability to learn and diffuse accumulated knowledge stocks, flows and processes from their IJV partner firms is critical for their development (Beamish & Berdrow, 2003;Park & Ghauri, 2011); learning is their source of competitive advantage (Foss, Husted & Michailova, 2010;Glaister, Husan, & Buckley, 2003;Kandemir & Hult, 2005). The difficulty of managing IJVs, where they face considerable barriers to knowledge transfer and learning in comparison with single firms (Pak et al, 2009), however, has been found to lead to a high failure rate (Beamish & Delio, 1997;Pak, Ra, & Park, 2009).…”