Asset specificity and complementarity and MNE ownership strategies: The role of institutional distances

2014 ◽  
Vol 43 (5) ◽  
pp. 777-785 ◽  
Author(s):  
Yuanyuan Zhang ◽  
Weiguo Zhong ◽  
Na Wen ◽  
Dequan Jiang
Keyword(s):  
2016 ◽  
Vol 31 (1) ◽  
pp. 153-165 ◽  
Author(s):  
Mark Williams

This article explores the relationship between the job characteristics underlying the Goldthorpe model of social class (work monitoring difficulty and human asset specificity) and those underlying theories of technological change (routine and analytical tasks) highlighted as key drivers for growing inequality. Analysis of the 2012 British Skills and Employment Survey demonstrates monitoring difficulty and asset specificity predict National Statistics Socio-Economic Classification (NS-SEC) membership and employment relations in ways expected by the Goldthorpe model, but the role of asset specificity is partially confounded by analytical tasks. It concludes that while the Goldthorpe model continues to provide a useful descriptive tool of inequality-producing processes and employment relations in the labour market, examining underlying job characteristics directly is a promising avenue for future research in understanding over time dynamics in the evolution of occupational inequalities.


2020 ◽  
Vol 44 (6) ◽  
pp. 908-930
Author(s):  
AiHua Wu

This study seeks to better understand the link of a tourism firm’s intellectual capital to innovation performance, empirically testing the mediating role of absorptive capacity and moderating effect of asset specificity. Findings from 217 Chinese tourism firms indicate that absorptive capacity plays a mediating role in the capital–performance link, and the effect of social capital to absorptive capacity is highest when asset specificity is at an intermediate level, having an inverted “U” shape. The result indicates that the effect of the human capital is “U” shape with asset specificity. Thus, the findings make a few new important insights to the tourism innovation literature and also offer a number of vital implications for tourism managerial practices.


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