Concept information
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applied psychology
industrial psychology
organizational structure, design, and change
organizational behavior
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organization studies
organization studies encyc
approaches to management theory
strategic management
Preferred term
asset specificity
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 concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/asset_specificity
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