asset specificity
type: Concept
definition: Asset specificity is the degree to which an asset cannot be redeployed to alternative uses and by alternative users without sacrificing the productive value of the asset. Assets are specific to a transaction when they are highly specialized and have no purpose outside of a particular buyer-seller relationship. [Source: International Encyclopedia of Organization Studies; Asset Specificity]
broader: strategic management
broader: organizational behavior
broader: microeconomics

strategic management
type: Concept
narrower: asset specificity

organizational behavior
type: Concept
narrower: asset specificity

microeconomics
type: Concept
narrower: asset specificity

concepts
type: Collection
type: ConceptGroup
member: asset specificity