The impact of relation specific investment created by

By:

Zhao, Yanhui [author]

Contributor(s):

Wang, Guocai [author]

Material type: Text

TextSeries: Journal of Strategic Marketing ; Volume 19, number 1,Abingdon Taylor and Francis 2011Content type:

text

Media type:

unmediated

Carrier type:

volume

Subject(s):

Online resources:

Click here to access online

Summary: This study attempts to uncover the mechanisms underlying the impact of relation-specific investment (RSI) on channel relationship performance. We distinguish between property-based RSI and knowledge-based RSI, which are argued to rely on different mediating paths to facilitate relationship performance. Specifically, property-based RSI stimulates formal contract, whereas knowledge-based RSI generates relational trust and relationship learning. However, relational trust exerts an adverse influence on the effectiveness of relationship learning. Results from an empirical study conducted in the context of China's marketing channel basically support the proposed model. Practically, this study suggests that in China's current marketing channels, channel members should prioritize knowledge-based RSI when making RSI into channels and pay special attention to relational trust cultivated by RSI

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Item type	Current library	Call number	Vol info	Status	Notes	Date due	Barcode
Journal Article	Main Library - Special Collections	HF5415.13 JOU (Browse shelf(Opens below))	Vol.19, No.1, pages 57-72	Not for loan	For in-house use only

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This study attempts to uncover the mechanisms underlying the impact of relation-specific investment (RSI) on channel relationship performance. We distinguish between property-based RSI and knowledge-based RSI, which are argued to rely on different mediating paths to facilitate relationship performance. Specifically, property-based RSI stimulates formal contract, whereas knowledge-based RSI generates relational trust and relationship learning. However, relational trust exerts an adverse influence on the effectiveness of relationship learning. Results from an empirical study conducted in the context of China's marketing channel basically support the proposed model. Practically, this study suggests that in China's current marketing channels, channel members should prioritize knowledge-based RSI when making RSI into channels and pay special attention to relational trust cultivated by RSI

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