Product co‐development in an emerging market: The role of buyer‐supplier compatibility and institutional environment
研究新兴市场中买方与供应商的产品联合开发，发现知识共同性与目标兼容性影响合作，且政府干预和关系重要性调节学习效果，对供应链管理者有参考价值。
Abstract In emerging markets, supply chains increasingly serve as critical value chains through which ideas, practices and knowledge flow to and from suppliers and buyers. Drawing on buyer‐supplier collaboration literature and organizational learning theory, we examine the antecedents and underlying mechanisms of product co‐development. Due to emerging markets' unique institutional environments, we further investigate how government intervention and guanxi importance moderate supplier‐buyer collaborative outcomes. Dyadic data from 323 supplier‐buyer pairs in China largely support our theoretical framework. Partners' knowledge commonality has a curvilinear (inverted U‐shaped) relationship to product co‐development, whereas goal compatibility has a positive impact on product co‐development. Mutual learning partially mediates the main effect. Furthermore, government intervention weakens the positive effect of mutual learning on product co‐development whereas guanxi importance strengthens this relationship. This research provides fresh theoretical and managerial implications to supply chain collaboration in emerging markets.