Through empirical tests by many researchers from the resource-based view theory, the importance of resources at competitive advantage is widely accepted. However, most researchers use statistical techniques to identify independent resources. Therefore, it is difficult to explain how competitive advantage and synergetic effects occur through the combination of different resources, and how the relationship between resources develops with the changing business environment.
In this study, I describe the developing and integrating path of two resource sets; namely, the delivery logistic resource set and the delivery information resource set at the Yamato Transport (Co. Ltd.). Analyzing this case will improve the understanding of how two integrated resources sets keep competitiveness over the long term.
Studies on financial crisis have been focusing on the “systemic risk” such that a collapse of financial institution ripples through the financial system itself. To prevent the occurrence or spread of such risks, a variety of discussions and studies on how the central banks play their roles. This study deals with a critical backup of the central banks in interbank markets. For this purpose, the authors develop an agent-based simulation platform and analyze the influences of their financing on the chain reaction collapses of financial institutions. The main results are as follows: Firstly, their financing may prevent the chain reaction collapses by easing cash-flow situations. Meanwhile, there exist another risks such that the funding of financial institutions excessively depends on the central bank and some of the institutions, which should be driven out, are still alive.
Using empirical analysis, this study demonstrates the characteristic of start-ups to formulate business plans in line with their business status, which is considered an important milestone in the venture creation process. In this study, we focus on organizational information processing where the top management team (TMT) gathers and utilizes information; additionally, we examine the ability of the TMT to conduct such an initiative.
By a discrete-time logit model analysis using panel data from 988 start-ups in the United States, we find three characteristics of the TMT that affect the exploitation of an entrepreneurial opportunity, and therefore the realization of a business plan: (1) previous business experience, (2) rich diversity, and (3) information gathering and its subsequent utilization.
The results provide implications for start-ups as well as organizations with limited resources to design organizational information processing systems for new businesses.