Service idiosyncrasy

Service idiosyncrasy

Service idiosyncrasy is a concept related to asset specificity.

Definition

An idiosyncratic service is defined as one that is characterized by "high" levels of professional skills, specialized know-how, and customization. And asset specificity is represented by the degree of idiosyncrasy that characterizes a service (Erramilli and Rao 1993).

Dimensionality

Service idiosyncrasy has the following dimensions:
*Professional skills: Professional expertise and skills are acquired only through several years of education and training. Accordingly, services requiring professional skills will be associated with significant physical and, especially, human investments.
*Specialized know-how: Knowledge that is useful in only a narrow range of applications cannot be easily put to use elsewhere. Consequently, the greater the specialized know-how characterizing a service, the less likely is it that associated investments will be utilized outside the current context.
*Customization: the degree to which the service is customized to one or a few users will also determine the nature and specificity of the investments. Generally speaking, the more customized the service, the greater the attendant transaction-specific assets.

Operationalization

Erramilli and Rao (1993): three items. Please indicate the degree to which each of the following attribute characterize your service, on a 5-point scale (1 = no extent; 5 = great extent):
#Professional skills: 1, 2, 3, 4, 5
#Specialized know-how: 1, 2, 3, 4, 5
#Standardization: 1, 2, 3, 4, 5 (reverse coded)


Wikimedia Foundation. 2010.

Игры ⚽ Поможем написать курсовую

Look at other dictionaries:

  • Asset specificity — is a term related to the inter party relationships of a transaction. It has been extensively studied in a variety of management and economics areas such as marketing, accounting, organizational behavior and management information systems.… …   Wikipedia

  • Leadership — Leader redirects here. For other uses, see Leader (disambiguation). For other uses, see Leadership (disambiguation). Psychology …   Wikipedia

  • History of the Cyclades — The Cyclades (Greek: Κυκλάδες / Kykládes ) are Greek islands located in the southern part of the Aegean Sea. The archipelago contains some 2,200 islands, islets and rocks; just 33 islands are inhabited. For the ancients, they formed a circle… …   Wikipedia

  • Double dactyl — A dactyl is a term used in formal English poetry to describe a trisyllablic metrical foot made up of one stressed syllable followed by two unstressed ones. Matador, realize, cereal and limerick as well as the word poetry itself are examples of… …   Wikipedia

  • John Michell (writer) — For other people named John Michell, see John Michell (disambiguation). John Michell In repose …   Wikipedia

  • English literature — Introduction       the body of written works produced in the English language by inhabitants of the British Isles (including Ireland) from the 7th century to the present day. The major literatures written in English outside the British Isles are… …   Universalium

  • Brian Clough — For the writer, see Bryan Clough. Brian Clough Personal information Full name …   Wikipedia

  • Vor of Barrayar — The Vor of Barrayar are a fictional military caste and essentially the aristocracy of the planet Barrayar in the sci fi book series the Vorkosigan Saga.cite news |author=Terri Sutton |title=With her complicated hero, Miles Vorkosigan, Minnesota… …   Wikipedia

  • feudalism — feudalist, n. feudalistic, adj. /fyoohd l iz euhm/, n. the feudal system, or its principles and practices. [1830 40; FEUDAL1 + ISM] * * * Term that emerged in the 17th century that has been used to describe economic, legal, political, social, and …   Universalium

  • Ducky Mallard — NCIS character rank=Doctor name=Donald Ducky Mallard gender=Male hair=Gray/Brown eyes= home= tv=David McCallum first= Ice Queen ( JAG ) last= Dr. Donald Ducky Mallard, M.D., M.E. is a fictional Chief Medical Examiner in the NCIS television series …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”