The Causal Structure of Long-Term Supply Relationships: An Empirical Test of a Generalized Transaction Cost Theory

Első borító
Springer Science & Business Media, 2000. máj. 31. - 155 oldal
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 to learn 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.

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Tartalomjegyzék

THE THEORETICAL MODEL
25
LIST OF FIGURES
41
METHODS AND DATA
43
EMPIRICAL RESULTS 55559
59
LIST OF TABLES
63
Summary Statistics of the 15 Variables
70
Results for the Modified Model M3
78
EFA for Suppliers Behavioral Uncertainty
85
Summary Statistics of the 15 Variables
92
EFA for Suppliers Behavioral Uncertainty
100
EFA and CFA for Customers Commitment
105
Summary Statistics of the 15 Variables
106
AN INTERNATIONAL COMPARISON
117
Mean Values for 15 Constructs
119
BIBLIOGRAPHY
147
101
153

LIST OF BOXES
88

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