A Make-or-buy Decision Process for Outsourcing
نویسندگان
چکیده
منابع مشابه
Make , Buy , or Cooperate ?
In 1937, Ronald Coase argued that firms will exist only in environments in which firms perform better than markets could. To create space for firms, Coase suggested that some environments might be plagued by “transaction costs” that cause markets to perform poorly. Coase’s paper was to become the cornerstone of the economic theory of the firm (i.e., the “make or buy” decision: which activities ...
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Firms routinely decide whether to make essential inputs themselves or buy the inputs from independent suppliers. Conventional wisdom suggests that a firm will not buy an input for a price above its in-house cost of production. We show that this is not necessarily the case when a monopolistic input supplier also serves the firm's retail rival. In this case, the decision to buy the input (and thu...
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The “transaction cost” theory of the firm introduced by Coase (1937) has become a standard framework for the study of institutional arrangements. The Coasian framework helps explain not only the existence of the firm, but also its size and scope. Why, in Coase’s (1937, pp. 393–94) words, “does the entrepreneur not organize one less transaction or one more?” Some firms are highly integrated: IBM...
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Sixty-five years ago, Ronald Coase (1937) asked what determines whether production will be organized in a firm or through the market, later coined the "make-or-buy" decision. This question was put center stage by Oliver Williamson (1975, 1985) who further developed transaction-costs economics (TCE), arguing that incomplete contracts and specific relationships overshadowed by opportunism, asymme...
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When a software provider releases its software to a platform, it is important to decide not only which platform to choose but also how to release it. This paper investigates a videogame publisher’s strategic decision to provide its videogame titles to each game platform. Specifically, this paper focuses on a game publisher’s outsourcing decision regarding its game releases. Combining transactio...
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ژورنال
عنوان ژورنال: PROMET - Traffic&Transportation
سال: 2012
ISSN: 1848-4069,0353-5320
DOI: 10.7307/ptt.v22i4.193