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Opportunism

About: Opportunism is a research topic. Over the lifetime, 2030 publications have been published within this topic receiving 97170 citations. The topic is also known as: opportunist.


Papers
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Journal ArticleDOI
TL;DR: In this paper, the authors synthesize insights from qualitative fieldwork with retailer and supplier managers and primary data from 73 category managers in U.K. supermarket retailers to empirically examine antecedents and consequences of category-level focal supplier opportunism.

168 citations

Journal ArticleDOI
TL;DR: The authors argue that the risk associated with the value of a firm's core resources has an impact on employee decisions to make firm-specific investments, independent of the threat of opportunism that might exist in a particular exchange.
Abstract: We argue that the risk associated with the value of a firm's core resources has an impact on employee decisions to make firm-specific investments, independent of the threat of opportunism that might exist in a particular exchange. We further explore mechanisms firms may adopt to mitigate the employee incentive problem stemming from the risk associated with core resource value. These arguments shed new light on resource-based theories of corporate diversification.

168 citations

Journal ArticleDOI
Anoop Madhok1
TL;DR: In this paper, the authors empirically test the arguments underlying the mode of foreign market entry decision from two perspectives: transaction cost-based arguments and capability-related ones, and find that it is the considerations related to the efficient and effective development and deployment of a firm's capabilities, under the constraint of bounded rationality, rather than the level of transaction costs and the efficiency of the transaction under the assumption of opportunism which is increasingly critical in determining the entry mode choice.

167 citations

Journal ArticleDOI
TL;DR: In this article, the authors add an aspiration-level assumption called betterment that extends transaction cost analysis to include exchanges involving interpersonal resources and discuss the implications for the efficient design of organizational boundaries, organizational subunits, and employment relations.
Abstract: The assumptions of material self-interest, bounded rationality, and negative opportunism that underlie organizational economics are deficient for many managerial purposes because they underrepresent the importance of interpersonal and other nonmarket resources in human motivation. This paper adds an aspiration-level assumption called betterment that extends transaction cost analysis to include exchanges involving interpersonal resources. Implications are discussed for the efficient design of organizational boundaries, organizational subunits, and employment relations, and special attention is given to cooperation as an organizational asset.

167 citations

Book ChapterDOI
TL;DR: In this paper, the theory of the firm needs to be augmented to account for opportunity as well as opportunism, coordination beyond the boundaries of a firm and within it, variations in the level of capability across firms, and the frequent superiority of the firms over markets for the creation, transfer, and protection of intangible assets.
Abstract: The firm is the central actor for the effectuation of innovation and technological change. The large industrial laboratories of the previous century have given way to more organizationally and geographically diffuse sources of technology, placing even greater emphasis on the coordination skills of managers. Dynamic capabilities are the skills, procedures, organizational structures, and decision rules that firms utilize to create and capture value. Managers must be able to sense opportunities, craft a business model to capitalize on them, and reconfigure their organizations, and sometimes their industries, as the business environment and technology shift. The key employees in this regard are experts (literati and numerati), whose management requires limited hierarchy, flexible teams, and performance-based incentives. To encompass these realities, the theory of the firm needs to be augmented to account for opportunity as well as opportunism, coordination beyond the boundaries of the firm as well as within it, variations in the level of capability across firms, and the frequent superiority of the firm over markets for the creation, transfer, and protection of intangible assets. Complementarities and cospecialization are advanced as two emerging concepts of particular relevance to a theory of the innovating enterprise earning above-normal returns.

167 citations


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Performance
Metrics
No. of papers in the topic in previous years
YearPapers
202398
2022182
202168
202097
201991
201871