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Ownership-Specific Advantages

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Ownership-specific advantages
Property rights or intangible assets, including patents, trademarks, organizational and marketing expertise, production technology, and management and general organizational abilities, that form the basis for a company's advantage over other firms.
Ownership-Specific Advantages
Intangible assets in a company, such as intellectual property, property rights, brand recognition, and other areas. Owning the copyright to a superior product is an example of an ownership-specific advantage, as is an exceptionally good organizational system. Ownership-specific advantages are less quantitative ways a company is able to remain competitive against companies in the same industry. That is, the idea behind ownership-specific advantages states that there is more to competition that simply providing the best price. Intangibles also play a significant role.
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This is due to the fact that China authorised the establishment of wholly foreign-owned enterprises and promised higher property rights protection on ownership-specific advantages as part of its WTO commitments, allowing MNEs to maximise their returns on these specific advantages and have full control over the business operations, and thus being willing to transfer more advanced technology to China.
The impact of ownership on the propensity to innovate in China's ... by Cheung, Kui-Yin / China: An International Journal
It is here that we may place the influential 'eclectic theory' of Dunning (1980, 1988), which sees foreign involvement as a function of locational, integrational and ownership-specific advantages of the internationalizing firms.
Re-examining imbeddedness: a critical analysis of global strategic ... by Mir, Raza; Mir, Ali; Hussain, Mehdi / Academy of Strategic Management Journal
Transferring Ownership-Specific Advantages to a Joint Venture in China, Asia Pacific Business Review, 5, 3/4, 1999, pp.
Local partner acquisition of managerial knowledge in international ... by Lin, Xiaohua / Management International Review
 
 
 
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