Please use this identifier to cite or link to this item: http://dspace.mediu.edu.my:8181/xmlui/handle/1721.1/1442
Title: Effective Interfirm Collaboration: How Firms Minimize Transaction Costs and Maximize Transaction Value
Keywords: asset specificity
collaborative advantage
transaction costs
supplier
Issue Date: 1-Jun-2013
Description: This study of automotive transaction relationships in the U.S.A. and Japan offers data which indicate that transaction costs do not necessarily increase with an increase in relationship-specific investments. We empirically examine the conditions under which transactors can simultaneously achieve the twin benefits of high asset specificity and low transaction costs. This is possible because the different safeguards which can be employed to control opportunism have different set-up costs and result in different transaction costs over different time horizons. We examine in detail the practices of Japanese firms which result in effective interfirm collaboration.
URI: http://koha.mediu.edu.my:8181/jspui/handle/1721
Other Identifiers: http://hdl.handle.net/1721.1/1442
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