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作者:Makadok, R
作者单位:Emory University
摘要:Two distinct causal mehanisms-resource-picking and capability-building-have been proposed in the strategic management literature about how firms create economic rents. Under the resource-picking mechanism, managers gather information and analysis to outsmart the resource market in picking resources, similar to the way that a mutual fund manager tries to outsmart the Stock market in picking stocks. Under the capability-building mechanism, managers design and construct organizational systems to ...
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作者:Park, SH; Luo, YD
作者单位:Rutgers University System; Rutgers University New Brunswick; University of Miami
摘要:This paper focuses on the utilization of guanxi, which is an important cultural and social element in China, and the impact of guanxi on firm performance. Although guanxi is embedded in every aspect of Chinese social life, companies demonstrate different needs and capacity for guanxi cultivation. Chinese firms develop guanxi as a strategic mechanism to overcome competitive and resource disadvantages by cooperating and exchanging favors with competitive forces and government authorities. We dev...
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作者:Takeishi, A
作者单位:Hitotsubashi University
摘要:Outsourcing fins become an important strategy for many firms. Yet, firms need to complete with their competitors who also outsource and may share the same suppliers. This article explores how a firm could outperform others in managing the division of labor with a supplier in product development. Drawing on the empirical data collected from the Japanese auto industry, this paper shows that an automaker needs capabilities to coordinate various activities both externally with a supplier and inter...