Abstract
Knowledge Creation: A Case Study of International Construction Joint Venture Projects in Thailand
Highlights
Globalisation has strengthened since the 1983s [1]
The purpose of this study is to investigate and characterise the knowledge creation process in International Construction Joint Ventures (ICJVs) projects in Thailand and explore to what extent projects facilitate the process
Knowledge creation is the process that underlies all stages of knowledge management and this study aims to investigate and characterise the knowledge creation process in ICJV projects in Thailand
Summary
Globalisation has strengthened since the 1983s [1]. Ref. [2] indicates that there has been an unprecedented change like the global business environment and the key to sustainable competitive advantage in today’s knowledge economy is the ability to deliver new products and services to the market ahead of competitors. Joint Ventures (JVs) have been one of the contractual forms most frequently used in strategic alliances. It is considered that strategic alliances have been widely discussed in the context of international businesses [3]. JVs are a special type of strategic alliance that offers a unique opportunity to combine the distinctive competencies and complementary resources of the participating firms and this enables them to offer new products and services. IJVs are considered to be a business arrangement for companies to enlarge their international activities and business. International Construction Joint Ventures (ICJVs) has become of significant interest as the global construction market continues to be integrated into a more competitive and turbulent business environment. ICJVs have increasingly become a notable form of international market growth for multinational organisations attempting to exploit opportunities in both developing and developed businesses [8] and [9]
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