Handbook of Management Scales/Specific assets

Specific assets (alpha = 0.64)

Items

• If we had to switch to a different contractor during the project much of our investment would have to be made again.
• If we had to switch to a different contractor during the project it would take some time for us to bring the new contractor up to speed on the technology.
• The project required close working relationships between the contractor’s people and our people.

All items were measured on a scale ranging from 1, "completely inaccurate", to 7, "completely accurate".

Source

• Carson et al. (2006): Uncertainty, opportunism and governance: The effects of volatility and ambiguity on formal and relational contracting. Academy of Management Journal, Vol. 49, No. 5, pp. 1058–1077. Adapted from Anderson (1985) and John/Weitz (1989).

Related Scales

• Asset specificity
• Switching costs