How Relation-Specific Assets Affect Firm Scope——A Study of Japanese Automotive Firms'Entry into the United States and Canada
Nanjing Business Review(2005)
摘要
Two key perspectives on organizational expan- sion emphasize inter-organizational and organization-lev- el effects respectively.This research elaborates the dis- tinction between relation-specific and general (non-rela- tion specific) assets to reconcile these perspectives con- tingently.I argue that if a buyer and a supplier share strong relation-specific assets,then supplier expansion will follow buyer expansion;And following expansion, buyer and supplier will recreate their link in the new market.If a supplier possesses strong general assets, then it will expand independently of current buyers; though,if both parties expand,link recreation will oc- cur.Empirically,I examine expansion timing and link recreation among Japanese automotive assemblers and suppliers entering the United States and Canada between 1978 and 1990.The results highlight how relation-spe- cific assets can support organizational expansion
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关键词
non-incumbent buyer,general assets,link recreation,incumbent buyer,relation-specific assets
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