| 研究実績の概要 |
The present research proposed a perspective that aims to reveal the competitive resilience and innovative dynamics of business groups. By encompassing developed as well as emerging economies in a balanced manner this research revealed the historical and cross-national patterns of the strategy and structure of business groups in different economic environments. The empirical realities all suggest that we need to look beyond the rudimentary theoretical arguments of market maturity and institutional void-filling.
The institutional arguments mainly 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
|
