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In this era of globalization we see an increase in specialization: the production chain issplit up in more and more parts and the production of these parts is outsourced to thoseplaces in the world where production is relatively cheapest and most efficient. Itimplies that transaction costs,...
Persistent link: https://www.econbiz.de/10010325952
-house offshoring to China is a major determinant of Dutch import growth from China. Dutch firms tend to offshore production in …
Persistent link: https://www.econbiz.de/10010326028
-house offshoring to China is a major determinant of Dutch import growth from China. Dutch firms tend to offshore production in …
Persistent link: https://www.econbiz.de/10014047825
Fragmentation of production into more and more complex supply chains is a prominent feature of globalisation. It implies that transaction costs as part of total costs of ownership carry a large weight in procurement decisions. An analysis of the various types of transaction costs is also...
Persistent link: https://www.econbiz.de/10010325237
of this outsourcing of tasks is a major concern, both for the country that outsources tasks and for the country to which … tasks are outsourced. This paper discusses the labour market effects of outsourcing in the Netherlands using a survey … interviews and survey make clear that a major motive for outsourcing is to organise production in such a way that total …
Persistent link: https://www.econbiz.de/10010326286
This era of globalisation is characterized by an ongoing international fragmentation of production where the supply chain is split up in more and more parts. The traditional Ricardian theory of trade in products governed by comparative advantages is replaced by a modern theory of trade in tasks....
Persistent link: https://www.econbiz.de/10010326383
We study a two-stage R&D project with an abandonment option. Two types of uncertainty influence the decision to start R&D. Demand uncertainty is modelled as a lottery between a proportional increase and decrease in demand. Technical uncertainty is modelled as a lottery between a decrease and...
Persistent link: https://www.econbiz.de/10010325977
This paper examines how a radical technological innovation affects alliance formation of firms and subsequent network structures. We use longitudinal data of interfirm R&D collaborations in the biopharmaceutical industry in which a new technological regime is established. Our findings suggest...
Persistent link: https://www.econbiz.de/10010325532
This paper studies mergers in markets where firms invest in a portfolio of research projects of different profitability and social value. The portfolio nature of the investment problem brings about novel insights on the external effects of firms’ investments. The investment of a firm in...
Persistent link: https://www.econbiz.de/10012233959
A major question in the globalization debate is whether outsourcing and offshoring activities are beneficial to the … suggests that the effect of offshoring manufacturing and services on total factor productivity (TFP) is positive and larger …
Persistent link: https://www.econbiz.de/10010325596