The Causal Structure of Long-Term Supply Relationships - An Empirical Test of a Generalized Transaction Cost Theory (Hardcover, 2000 ed.)

Today, industrial organization can hardly be imagined without long-term supply relationships. Firms use this specific type of alliance to acquire or develop (complementary) competencies. These are necessary to be able to survive and be successful in an increasingly dynamic environment. Rather than studying particular features in isolation, this book analyzes the overall, underlying causal structure of long-term supply relationships. De Jong and Nooteboom develop an encompassing theoretical model that brings together important firm- and relation-specific characteristics such as trust, commitment, dependence, uncertainty, dedicated investments, and the exchange of information. The relationships between these main characteristics build the overall, underlying causal structure and determine the nature of long-term supply relationships. The model is based on an extended theory of transactions that includes trust next to opportunism and the development of competencies. The model is tested in the automobile industries of the United States, Japan and Europe. The empirical evidence indicates that there are strong similarities between the three regions in the underlying causal structure. There are differences but these differences seem small, particularly relative to the expectations one may have on the basis of perceived views of systemic differences between Japanese' and Western' contracting. Thus, if indeed there were large differences between the Triad's regions, there now appears to be considerable convergence towards a common underlying logic' of long-term supply relationships. The Causal Structure of Long-Term Supply Relationships is a primary source for scholars and students who want tolearn about industrial organizations in an international perspective. It reviews the main theories, defines many concepts, offers an overview of literature on alliances, and provides insights into the statistical techniques of LISREL. Little background knowledge is required, since concepts are developed as the book progresses.

General

Imprint:	Springer
Country of origin:	Netherlands
Release date:	2001
First published:	2000
Authors:	Gjalt De Jong • Bart Nooteboom
Dimensions:	244 x 170 x 17mm (L x W x T)
Format:	Hardcover
Pages:	155
Edition:	2000 ed.
ISBN-13:	978-0-7923-7837-2
Categories:	Books > Business & Economics > Economics > Microeconomics > General Books > Business & Economics > Business & management > Management & management techniques > Organizational theory & behaviour
LSN:	0-7923-7837-7
Barcode:	9780792378372

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