When Does the Trust Prohibit the Technology Transfer between Two Manufacturing Firms? A Perspective of Transaction Cost Economics

Sen Mao Xia; Yong Long; Yu Xiong

doi:10.4028/www.scientific.net/KEM.572.678

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Price and Carbon Emissions Level Decisions in a Two-Echelon Supply Chain: Insights from Carbon Labelling
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Analysis of the Barriers to Environmental Management Systems Implementation in the Libyan Oil Industry
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When Does the Trust Prohibit the Technology Transfer between Two Manufacturing Firms? A Perspective of Transaction Cost Economics
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Relationship between Technology Standards and Technology Spillovers Effect of Foreign Direct Investment Based on Product Life Cycle
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Study of Technology Spillovers Effect with Foreign Direct Investment Based on Technology Standards
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A Review of Problems Faced by ERP Consultancy and Client Organizations in China
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Rebuild Technology Transfer in the Presence of Remanufacturing Dealer
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When Does the Trust Prohibit the Technology Transfer between Two Manufacturing Firms? A Perspective of Transaction Cost Economics

Abstract:

Few paper notices the black side of trust on technology transfer. This paper utilizes the “Transaction Cost Economics” (TCE) to find out that trust, in some cases, can deter technology transfer between two manufacturing firms. Specifically, trust can influence the transaction cost through three dimensions, including “asset specificity”, “transaction frequency” and “uncertainty”, and then the relationship between trust and technology transfer can be detected with the help of transaction cost as a media. Finally, this paper finds out that before an optimal threshold point, the trust can decrease the transaction cost and, simultaneously, can improve the technology transfer. But after that, trust may increase the transaction cost, then imposing restrictions on the technology transfer.