Firms' intentions to use nonownership services
In this study, we investigate why companies intend to use nonownership services by conducting qualitative interviews with 10 experts to develop our hypotheses, then using a survey to test them. Our findings show that, as hypothesized, firms’ intentions to use nonownership services are affected by bo...
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2013
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sg-smu-ink.lkcsb_research-85272024-09-18T07:08:44Z Firms' intentions to use nonownership services WITTKOWSKI, Kristina MOELLER, Sabine WIRTZ, Jochen In this study, we investigate why companies intend to use nonownership services by conducting qualitative interviews with 10 experts to develop our hypotheses, then using a survey to test them. Our findings show that, as hypothesized, firms’ intentions to use nonownership services are affected by both financial (i.e., tax efficiency and cash and liquid asset management) and nonfinancial (i.e., control over assets and access to the latest technology and tools) factors, with access to the latest technology and tools being the most important driver. Furthermore, we show that the effect that the desire to gain access to the latest technology and tools has on intentions to use nonownership services is enhanced (i.e., moderated) when firms wish to reduce the risk of obsolescence. The hypothesized moderation effect of firm size on the importance of cash and liquid asset management is marginally significant. These findings are an important contribution to the literature, as previous studies have almost exclusively focused on the financial drivers of nonownership service use. 2013-05-01T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/lkcsb_research/7528 info:doi/10.1177/1094670512471997 https://ink.library.smu.edu.sg/context/lkcsb_research/article/8527/viewcontent/FirmsIntentionsNonownership_pv.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection Lee Kong Chian School Of Business eng Institutional Knowledge at Singapore Management University nonownership rental/access paradigm financial and nonfinancial drivers business-to-business services leasing Marketing Sales and Merchandising |
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nonownership rental/access paradigm financial and nonfinancial drivers business-to-business services leasing Marketing Sales and Merchandising WITTKOWSKI, Kristina MOELLER, Sabine WIRTZ, Jochen Firms' intentions to use nonownership services |
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In this study, we investigate why companies intend to use nonownership services by conducting qualitative interviews with 10 experts to develop our hypotheses, then using a survey to test them. Our findings show that, as hypothesized, firms’ intentions to use nonownership services are affected by both financial (i.e., tax efficiency and cash and liquid asset management) and nonfinancial (i.e., control over assets and access to the latest technology and tools) factors, with access to the latest technology and tools being the most important driver. Furthermore, we show that the effect that the desire to gain access to the latest technology and tools has on intentions to use nonownership services is enhanced (i.e., moderated) when firms wish to reduce the risk of obsolescence. The hypothesized moderation effect of firm size on the importance of cash and liquid asset management is marginally significant. These findings are an important contribution to the literature, as previous studies have almost exclusively focused on the financial drivers of nonownership service use. |
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WITTKOWSKI, Kristina MOELLER, Sabine WIRTZ, Jochen |
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WITTKOWSKI, Kristina MOELLER, Sabine WIRTZ, Jochen |
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WITTKOWSKI, Kristina |
title |
Firms' intentions to use nonownership services |
title_short |
Firms' intentions to use nonownership services |
title_full |
Firms' intentions to use nonownership services |
title_fullStr |
Firms' intentions to use nonownership services |
title_full_unstemmed |
Firms' intentions to use nonownership services |
title_sort |
firms' intentions to use nonownership services |
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Institutional Knowledge at Singapore Management University |
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2013 |
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https://ink.library.smu.edu.sg/lkcsb_research/7528 https://ink.library.smu.edu.sg/context/lkcsb_research/article/8527/viewcontent/FirmsIntentionsNonownership_pv.pdf |
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