Policy impact of enterprise expansion

Enterprise expansion is a world phenomenon.

1. The main contribution of enterprise expansion theory to modern enterprise theory is to provide an analytical tool to explain the excess profits generated by enterprise management behavior. Enterprises can decide their expansion strategy by considering their internal resource capacity and external market position in order to obtain excess profits. Because of the information asymmetry between enterprises, each enterprise has different opportunities, markets, capabilities and matching degrees. Therefore, if an enterprise has unique resources and capabilities or a more advanced organizational structure in the enterprise value chain, it can benefit from these advantages.

2. The theory of enterprise expansion emphasizes that the competitive advantage of enterprises comes from the formation of many related factors. The decisive factor of enterprise expansion is not the only factor. It is based on the market function of enterprise products and capabilities, and it is interdependent and mutually restrictive with transaction costs and organizational costs. * * * determines the scope and scale of business operation. The influencing conditions of enterprise expansion competitiveness gradually form a multi-dimensional value platform composed of market structure and enterprise ability, so as to obtain continuous expansion competitive advantage.

3. From the emergence and development of the theory of enterprise expansion, the research process has roughly experienced the evolution from the exogenous view of enterprise expansion to the endogenous view, which is directly related to the characteristics of the business environment of enterprises. The environment is constantly changing, and the risks and uncertainties in enterprise expansion are increasing, so the research on enterprise expansion must go deep into the enterprise from the outside. On this basis, we come to the conclusion that the enterprise boundary is the ultimate embodiment of the ability transfer of the enterprise organization in the process of interacting with the market.

4. At present, the research on the theory of enterprise expansion in China mostly stays at the stage of introduction, explanation and simple application to foreign countries, while the research on the motivation and ability of enterprise expansion from the perspective of capacity combination and external market is rare, and the division of the ability system that affects enterprise expansion has not reached a * * * understanding. In China, enterprise theory is in the initial stage of research and application. For enterprises in China, the theory of enterprise growth has brought us beneficial enlightenment, that is, the expansion of enterprises in China must be based on the solid foundation of enterprise capacity improvement.