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