Uncertainty in the transaction environment: An empirical test

• 成果类型: Article
• 署名作者: Sutcliffe, KM; Zaheer, A
• 署名单位: University of Michigan System; University of Michigan; University of Minnesota System; University of Minnesota Twin Cities
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• 发表日期: 1998
• 页码: 1-23
• 关键词: uncertainty; vertical integration; competitive uncertainty

摘要

Previous studies examining the relationship between uncertainty and vertical integration have produced a conflicting set of results. To clarify this puzzle we drew on the literature to conceptualize three distinct forms of uncertainty-primary, competitive, and supplier-and hypothesized that each had a different effect on vertical integration. The hypotheses were tested using experimental data collected from 308 managers. Consistent with our prediction of differential effects, we found that primary and competitive uncertainty were negatively associated with the decision to vertically integrate, bur supplier uncertainty was positively related to the vertical integration decision. No interaction effects were found. Implications for theory and research are suggested (C) 1998 John Wiley & Sons, Ltd.