The curvilinear relationships between structural embeddedness and productive efficiency: An exploratory study
| Autor: | Yi-Su Chen, Hung-Chung Su, Ta-Wei (Daniel) Kao |
|---|---|
| Rok vydání: | 2019 |
| Předmět: |
Productive efficiency
Economics and Econometrics 021103 operations research biology Embeddedness 05 social sciences 0211 other engineering and technologies Exploratory research 02 engineering and technology Management Science and Operations Research biology.organism_classification General Business Management and Accounting Industrial and Manufacturing Engineering Interconnectedness Microeconomics Frontier Chen Betweenness centrality 0502 economics and business Economics Diminishing returns 050203 business & management |
| Zdroj: | International Journal of Production Economics. 212:176-185 |
| ISSN: | 0925-5273 |
| DOI: | 10.1016/j.ijpe.2019.02.020 |
| Popis: | Existing network studies pay much attention to the benefits of structural embeddedness. However, Uzzi (1996) points out the marginal benefits of structural embeddedness may follow a pattern of diminishing returns. Using major customer disclosure data from Compustat, this study investigates the curvilinear relationships between multiple aspects of structural embeddedness and productive efficiency. Applying both Wang and Ho (2010) and Chen and Lin (2009) stochastic frontier models, we confirm the diminishing returns of eigenvector and betweenness centralities with a partial support for interconnectedness. Implications from our findings can help decision makers better understand the effects of structural embeddedness and help devise network structural change strategies for productive efficiency. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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