A Study on Dynamic Capabilities and Performance  of Indian International Joint Ventures

Prabhu Mannadhan; Ajina  K.P.; G. Madan Mohan

Authors

Prabhu Mannadhan Department of Logistics Management, International Maritime College Oman, National University of Science and Technology, Sohar, Oman https://orcid.org/0000-0003-2244-1221
Ajina K.P. Department of Business Management, St. Joseph's College (Autonomous), Devagiri, Kozhikode, India
G. Madan Mohan Department of Management Studies, School of Management, Pondicherry University, India

Keywords:

International Joint Venture, Dynamic Capability, Performance, Indian Firms, Foreign Firms

Abstract

This research aims to examine the level of dynamic capability achieved by Indian International Joint Ventures (IJVs) and to analyse the extent to which these capabilities influence their overall performance. The researcher surveyed 54 IJV managers, and their assessments of their firms' dynamic capabilities and performance were analysed using means, frequencies, ANOVA, cluster analysis, correspondence analysis, and chi-square tests. Indian IJVs surveyed display a good degree of dynamic capability. Indian IJVs possess a good level of dynamic capability, according to the findings (mean scores are often higher than 3.5 on a scale of 5 possible points). The performance as a whole is satisfactory, with particularly impressive results in brand building, capital base expansion, and consumer loyalty. The findings of the structural equation modelling (SEM) analysis reveal a strong, positive impact of dynamic capability on performance (β = 0.808, p < 0.001, R² = 0.653). The results showed three distinct performance clusters. In addition to providing actionable suggestions for businesses contemplating foreign joint ventures, the study contributes to the existing literature on international joint ventures by elucidating the dynamic capability–performance link in the Indian context.

Author Biography

Prabhu Mannadhan, Department of Logistics Management, International Maritime College Oman, National University of Science and Technology, Sohar, Oman

Dr. M. Prabhu is an Assistant Professor in the Dept of Logistics Management, International Maritime College Oman, National University of Science and Technology. He completed a Post-Doctoral Fellowship at Kazimierz Pulaski University of Technology and Humanities, Poland, in 2024. With 12 years of academic experience in India, the Middle East, and Uzbekistan, he specializes in Operations Management, Logistics and SCM. He has published over 31 articles in SCI, Scopus, and ABDC indexed journals.

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