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own individual incentives and may consequently fail to maximize the overall profits of the firm. We examine this issue in … incentives. We illustrate the flexibility of the scheme by applying it to several models in the operations management literature. …
Persistent link: https://www.econbiz.de/10009209331
Voluntary standard-setting organizations (SSOs) are a common feature of systems industries, where firms supply interoperable components for a shared technology platform. These institutions promote coordinated innovation by providing a forum for collective decision making and a potential solution...
Persistent link: https://www.econbiz.de/10009214758
Organizations increasingly seek solutions to their open-ended design problems by employing a contest approach in which search over a solution space is delegated to outside agents. We study this new class of problems, which are costly to specify, pose credibility issues for the focal firm, and...
Persistent link: https://www.econbiz.de/10010990583
This paper contributes large-sample evidence to an emerging discussion on open innovation and firm strategy. We ask why a startup should participate in an open standards community. We propose four ways that participation might increase a startup's chances of a liquidity event: gaining...
Persistent link: https://www.econbiz.de/10009191630
This paper describes a simple set of coordination structures that model certain kinds of information processing … involved in organizations and markets. Four generic coordination structures are defined: product hierarchies, functional … production costs, coordination costs, and vulnerability costs. This model is unusual in that it includes detailed definitions of …
Persistent link: https://www.econbiz.de/10009208955
In this commentary, we trace back how we pursued research on the bullwhip effect, which resulted in the article published in Management Science. We reflect on the evolution of this concept, the impact that our work has had on industry, the way our work has been used in the teaching of supply...
Persistent link: https://www.econbiz.de/10009209259
The management of coordination gaps is critical to the effective functioning of a customer support team. To address the … managerial challenge of designing Information Technology (IT) to facilitate coordination in customer support teams, this paper … develops a framework describing the drivers of coordination gaps in customer support teams. Measures for the characteristics of …
Persistent link: https://www.econbiz.de/10009214717
supply chain. This paper models the incentives of the two parties, identifying causes of inefficiency and suggesting remedies …
Persistent link: https://www.econbiz.de/10009214898
with quadratic cost functions and coordination subcontracts; linear decision rules for production, inventory, and …
Persistent link: https://www.econbiz.de/10009218181
We value the option of subcontracting to improve financial performance and system coordination by analyzing a …
Persistent link: https://www.econbiz.de/10009218316