期刊
STRATEGIC MANAGEMENT JOURNAL
卷 35, 期 4, 页码 550-565出版社
WILEY
DOI: 10.1002/smj.2105
关键词
corporate governance; ownership structure; Japan; behavioral theory of the firm; varieties of capitalism
We propose that the behavioral theory of the firm perspective on R&D search requires modification when applied to communitarian cultures such as Japan because reciprocity and embeddedness can influence the search decision. When performance exceeds aspirations, communitarian-oriented firms are more inclined to use their privileged position to help their less fortunate stakeholders by engaging in additional R&D search that should yield greater payoffs for these stakeholders in the future. Our results indicate that while Japanese firms engage in problemistic search in a manner similar to what has been found in other contexts, they respond differently when performance exceeds expectations. We find that as performance rises above aspirations, communitarian-oriented firms raise R&D search to a greater extent than do firms that lack a communitarian orientation. Copyright (c) 2013 John Wiley & Sons, Ltd.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据