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Informal long-term relationships and mutual confidence play a crucial role in modern economies in at least two dimensions. First, the performance of firms is strongly affected by their capacity to solve organizational questions effectively and this capacity is apparently strongly related to...
Persistent link: https://www.econbiz.de/10008822903
Informal long-term relationships and mutual confidence play a crucial role in modern economies in at least two dimensions. First, the performance of firms is strongly affected by their capacity to solve organizational questions effectively and this capacity is apparently strongly related to...
Persistent link: https://www.econbiz.de/10009314275
We present a North-South model of international trade in which differentiated products are developed in the North. Sectors are populated by final-good producers who differ in productivity levels. Based on productivity and sectoral characteristics, firms decide whether to integrate into the...
Persistent link: https://www.econbiz.de/10014082766
I analyse firms organisational choices when they face uncertainty about institutional conditions in foreign locations with heterogeneous final good producers and incomplete contracts. As firms learn about the conditions abroad, the increasing offshoring activity increases competition in the...
Persistent link: https://www.econbiz.de/10013332242
We develop a theory of a firm in an incomplete contracts environment which decides on the complexity, the organization, and the global scale of its production process. Specifically, the firm decides i) how many intermediate inputs are simultaneously combined to a final product, ii) if the...
Persistent link: https://www.econbiz.de/10010213481
Information Technology (IT) Outsourcing. Contract duration is a strategic decision that aligns interests of clients and vendors … trustworthiness and reliability, which is important in longer term arrangements. We analyze a dataset of 22039 outsourcing contracts …
Persistent link: https://www.econbiz.de/10013037393
While transaction cost economists have generally argued that hazardous exchange conditions warrant complex contracts or vertical integration, other scholars have argued that trust or relational forms of governance effectively support exchange. These scholars view relational governance as a...
Persistent link: https://www.econbiz.de/10014033612
Offshore outsourcing of administrative and technical services has become a mainstream business practice. Increasing … commoditization of business services and growing client experience with outsourcing have created a range of competitive service … and training, and by involving clients in outsourcing operations, thereby increasing relation specific joint equity and …
Persistent link: https://www.econbiz.de/10014186470
This paper reviews the characteristics and magnitude of information technology (IT) outsourcing as well as studies its …-Internet business-to-business applications (e.g., EDI) is the leading activity in this respect. The various dimensions of IT outsourcing … findings nevertheless suggest that IT outsourcing may have significant economic consequences. -- Labor productivity …
Persistent link: https://www.econbiz.de/10003714916
construction projects. Controlling for project attributes that affect the level of outsourcing, we posit that a greater proportion …
Persistent link: https://www.econbiz.de/10013043591