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    Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/75624


    Title: RETRACTED ARTICLE: The effect of firm ownership structure in dynamism market
    Authors: Lee, C.-H.;Huang, J.-M.;Lee, Jen-Fang
    李仁芳
    Contributors: 科技管理與智慧財產研究所
    Keywords: Competition;Industry;Management science;Competitive advantage;Knowledge power;Market dynamism;Ownership pattern;Transaction cost;Commerce
    Date: 2010
    Issue Date: 2015-06-10 12:06:01 (UTC+8)
    Abstract: The framework of this paper develops organizational ownership pattern from transaction cost theory and motivation theory on the strength of dynamic circumstances. We will discuss how ownership, management rights, and knowledge power organize and react to their system in different dynamic markets. Resource-based view has told us that a firm exploits and accumulates its resources to create competitive advantages in slow and traditional markets. The focus of ownership pattern moves toward shareholders and ownership gets more concern than others. However, the markets are not still over time, they are dynamic with different changing speed. In order to sustain competitive advantages in moderately dynamic markets, firms need to gather more useful information and enhance their dynamic capacities. It requires managers to set prudent routine and execute those ideas in the best position. Hence, the focus of ownership pattern would incline to move to executive officers and management rights would have more impact than ownership in moderately dynamic markets. In high-velocity markets, a firm`s competitive advantages come from consecutive choices, experiments, and rapid feedback. A proper organization structure under high-velocity market is small, organic, and flat. The firm needs to enrich its knowledge to judge and response in no time, so that ownership pattern shifts to knowledge workers and knowledge power. Workers with idiosyncratic knowledge become more influential than ownership and management rights. © 2010 IEEE.
    Relation: ICAMS 2010 - Proceedings of 2010 IEEE International Conference on Advanced Management Science, Volume 2, 2010, 論文編號 5552919, Pages 260-264
    Data Type: conference
    DOI link: http;//dx.doi.org/10.1109/ICAMS.2010.5552919
    DOI: 10.1109/ICAMS.2010.5552919
    Appears in Collections:[Graduate Institute of TIPM] Proceedings

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