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Reciprocity and R&D search : applying the behavioral theory of the firm to a communitarian context

O\'Brien, Jonathan P. - ; David, Parthiban - ;

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..Printed Journal, baca ditempat


Ketersediaan

Call NumberLocationAvailable
SMJ3504PSB lt.dasar - Pascasarjana1
Penerbit: Wiley Periodicals
Edisi-
SubjekCorporate governance
Japan
Ownership structure
Behavioral theory of the firm
Varieties of capitalism
ISBN/ISSN1432095
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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