Transactions of the Academic Association for Organizational Science
Online ISSN : 2186-8530
ISSN-L : 2186-8530
Diverging Keiretsu in the Japanese Auto Industry
A Perspective to Expand Analytical Scopes in Time and Space
Akira TAKEISHITatsuya KIKUTANIYoshihisa NORORyuichi NAKAMOTO
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2017 Volume 6 Issue 1 Pages 114-119

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Abstract

This research explores why some keiretsu have been maintained while others have been dismantled in the Japanese auto industry. Drawing on Asanuma's (1989, 1994) argument that the relation-specific skill consists of the surface layer and the basic layer, we propose that the keiretsu that could have the suppliers develop and improve the basic-layer skill and thus enable them to supply for non-keiretsu OEMs would survive. Some preliminary empirical evidence to support the proposition, derived from the panel data on OEM-supplier transactions for 54 components over thirty years from 1984 to 2008 in the Japanese auto industry, is presented.

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© 2017 The Academic Association for Organizational Science
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