Long-term Cooperation in Japanese Vertical Relationships
The primary purpose of the study is to identify significant features of Japanese vertical relationships and to provide economic rationale. Japanese vertical relationships, particularly automobile industry, are examined in comparison with those in the U.S. Both buyers and suppliers can be identified to be mutually dependent and have developed long-term cooperative relationships with relationship-specific investments. They have developed facilitating practices to build and maintain trust between them. It could reduce transaction costs and eliminate inefficiencies in trading relationships with cooperation and reputation in long-term relationships.
(This abstract was borrowed from another version of this item.)
Volume (Year): 46 (2002)
Issue (Month): (February)
|Contact details of provider:|| Postal: |
Phone: +81-(0)78 803 7036
Web page: http://www.rieb.kobe-u.ac.jp/
More information through EDIRC
When requesting a correction, please mention this item's handle: RePEc:kob:review:feb2002::v:46:p:5-26. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Office of Promoting Research Collaboration, Research Institute for Economics & Business Administration, Kobe University)
If references are entirely missing, you can add them using this form.