Assessing the resource base of Japanese and US auto producers: A Stochastic frontier production function approach

• 成果类型: Article
• 署名作者: Lieberman, MB; Dhawan, R
• 署名单位: University of California System; University of California Los Angeles; University System of Georgia; Georgia State University
• 刊物名称: MANAGEMENT SCIENCE
• ISSN/ISSBN: 0025-1909
• DOI: 10.1287/mnsc.1050.0416
• 发表日期: 2005
• 页码: 1060-1075
• 关键词: RESOURCE-BASED VIEW; stochastic frontier; production function; automotive

摘要

T he resource-based view of the firm has become an important conceptual framework in strategic management but has been widely criticized for lack of an empirical base. To address this deficit, we utilize a new method for identifying interfirm differences in efficiency within the context of stochastic frontier production functions. Using data on Japanese and U.S. automobile manufacturers, we develop measures of resources and capabilities and test for linkages with firm performance. The results show the influence of manufacturing proficiency and scale economies at the firm and plant level. We apply the parameter estimates to account for Toyota's superior efficiency relative to other producers.