Knowledge-Based Assets in Business Groups: A Dynamic Capabilities View of Complementarity and Rents

IF 9 1区管理学 Q1 BUSINESS

Journal of Management Pub Date : 2025-04-10 DOI:10.1177/01492063251323849

Murod Aliyev, Jeoung Yul Lee

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引用次数: 0

Abstract

We extend the business group (BG) literature by combining the knowledge-based perspective and the dynamic capabilities view to explain the benefits of group affiliation. In the BG context, group affiliates can use not only their own firm-level knowledge-based assets (KBAs), but also group-level KBAs. While prior research examines the efficiencies of BG affiliation by comparing BG affiliates to non-affiliated firms, we ask to what extent affiliate-specific rents from group-level KBAs vary among affiliate firms and why. To explain this variation, we identify affiliate-specific rents generated by the complementarity between firm- and group-level KBAs. Drawing from the dynamic capabilities view, we developed a framework to explain the sources of such complementarity and tested a series of hypotheses. This study provides empirical evidence using firm-level data on 524 affiliates of keiretsu groups in Japan from 1985 to 2015. To measure KBAs and their characteristics, we use data on 11.5 million patents matched to the sample firms. This study provides a knowledge-based perspective to explain BG affiliation benefits and the persistence of BGs as an organizational form of economic activity.

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企业集团的知识资产：互补性和租金的动态能力视角

我们通过结合基于知识的观点和动态能力的观点来扩展商业集团（BG）的文献，以解释集团隶属关系的好处。在BG背景下，集团附属公司不仅可以使用自己的公司级知识资产（KBAs），还可以使用集团级知识资产。虽然之前的研究通过比较BG附属公司与非附属公司来检验BG附属公司的效率，但我们要问的是，附属公司在集团层面的KBAs的特定租金在多大程度上在附属公司之间存在差异，以及原因。为了解释这种差异，我们确定了由公司级和集团级会计师事务所之间的互补性产生的附属公司特定租金。根据动态能力的观点，我们开发了一个框架来解释这种互补性的来源，并测试了一系列假设。本研究利用1985 - 2015年日本经连集团524家附属公司的企业层面数据提供了实证证据。为了测量知识主体及其特征，我们使用了与样本公司匹配的1150万项专利的数据。本研究提供了一个基于知识的视角来解释BG隶属利益和BG作为一种经济活动的组织形式的持久性。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Journal of Management Multiple-

CiteScore

22.40

自引率

5.20%

发文量

期刊介绍： The Journal of Management (JOM) aims to publish rigorous empirical and theoretical research articles that significantly contribute to the field of management. It is particularly interested in papers that have a strong impact on the overall management discipline. JOM also encourages the submission of novel ideas and fresh perspectives on existing research. The journal covers a wide range of areas, including business strategy and policy, organizational behavior, human resource management, organizational theory, entrepreneurship, and research methods. It provides a platform for scholars to present their work on these topics and fosters intellectual discussion and exchange in these areas.