| Budget Amount *help |
¥5,200,000 (Direct Cost: ¥4,000,000、Indirect Cost: ¥1,200,000)
Fiscal Year 2014: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2013: ¥2,080,000 (Direct Cost: ¥1,600,000、Indirect Cost: ¥480,000)
Fiscal Year 2012: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
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| Outline of Final Research Achievements |
By encompassing developed as well as emerging economies this research revealed the historical and cross-national patterns of the strategy and structure of business groups in different economic environments.
The conventional institutional arguments regard the business group form as a second-best economic organization that may survive thanks to diverse and specific market and institutional contexts in different nations over time. While this may be true in certain cases for some business groups, my study further argues that business groups do actively or even proactively respond to the institutional as well as market forces that should yield lower-than competitive level of market returns. This implies that environmental differences in markets and institutions may not automatically mean a “one-fits-all” business model, but one needs to systematically look at the resources, strategies and structures adopted by individual groups to understand the effectiveness of the group organization
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