haku: @author Dyer, J. H. / yhteensä: 6
viite: 2 / 6
| Tekijä: | Dyer, J. H. |
| Otsikko: | Does governance matter? Keiretsu alliances and asset specificity as sources of Japanese competitive advantage |
| Lehti: | Organization Science
1996 : NOV-DEC, VOL. 7:6, p. 649-666 |
| Asiasana: | ALLIANCES COMPETITIVE ADVANTAGE ASSETS JAPAN COMPANIES |
| Kieli: | eng |
| Tiivistelmä: | This paper suggests that Japanese competitive advantage in complex-product industries is partly due to differences in value chain governance and interfirm asset co-specialization . Comparative data indicates that U.S. firms rely largely on markets and hierarchies to facilitate exchange, whereas Japanese firms rely largely on "hybrid" governance or alliances. The findings suggest that Japanese automotive firms (value chains) have been able to achieve a competitive advantage over their U.S. counterparts by using hybrid/alliance governance. The findings support transaction cost theories which suggest that effectively aligning governance structures with transactions will result in efficiency advantages. |
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