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The Value of Relational Contracts in Outsourcing : Evidence from the 2008 Shock to the US Airline Industry

Gil, Ricard - 2018

We study relational contracts as a means to govern transactions across firm boundaries. We focus on the airline industry, where real-time adaptation of flight schedules under bad weather is not formally contractible, and yet is essential for performance and long-term profitability. While...

Persistent link: https://www.econbiz.de/10012926435

Towards a Formal Model of the Transaction Cost Theory of the Firm

Zhu, Tian - 2009

This paper attempts to formalize the transaction cost theory of the firm. Building on the formal approach of Grossman and Hart (1986), a model is developed to capture the essential elements of the transaction cost theory, particularly those that are distinct from the formal property rights...

Persistent link: https://www.econbiz.de/10013155742

Does State Ownership Really Matter? The Dynamic Alignment of China’s Resource Environment and Firm Internationalization Strategies

Ren, Monica - 2019

Recent research suggests that unequal access to home country institutional resources affects firm internationalization strategies. We add to this debate, based on an analysis of state-owned (SOEs) and non-state-owned (NSOEs) Chinese mining firms, by developing a more dynamic and multi-layered...

Persistent link: https://www.econbiz.de/10012893617

New Silicon Valleys or a New Species? Commoditization of Knowledge Work and the Rise of Knowledge Services Clusters

Manning, Stephan - 2017

This paper explores knowledge services clusters (KSCs) as a distinct and increasingly important form of geographic cluster, in particular in emerging economies: KSCs are defined as geographic concentrations of lower-cost skills serving global demand for increasingly commoditized knowledge...

Persistent link: https://www.econbiz.de/10012942062

Global Sourcing of Business Processes : History, Effects, and Future Trends

Manning, Stephan - 2016

capabilities, governance and business models, changed the geographic distribution of work and expertise, and promoted the emergence …

Persistent link: https://www.econbiz.de/10012984379

The Changing Rationale for Governance Choices : Early vs. Late Adopters of Global Services Sourcing

Manning, Stephan - 2018

This paper studies how the logic of firm governance choices varies as a function of the time of adoption of particular … experiments in the 1980s through 2011, we show that the extent to which governance choices are affected by process commoditization …, availability of external service capabilities, and past governance choices depends on whether firms are early or late adopters …

Persistent link: https://www.econbiz.de/10012928088

The Ambivalent Effect of Complexity on Firm Performance : A Study in the Global Service Provider Industry

Larsen, Marcus M. - 2018

Prior literature is ambivalent about whether organizational complexity has positive or negative effects on firm performance. Using rich data on global service providers, we explore this ambivalence by disentangling performance consequences of different types of organizational complexity. We show...

Persistent link: https://www.econbiz.de/10012928385

Transactions Costs, Innovation and Learning

Nooteboom, Bart - 2014

Persistent link: https://www.econbiz.de/10012709762

Optimal Cognitive Distance and Absorptive Capacity

Nooteboom, Bart - 2014

In this paper we test the relation between cognitive distance and innovation performance of firms engaged in technology-based alliances. The key finding is that the hypothesis of an inverted U-shaped effect of cognitive distance on innovation performance of firms is confirmed. Moreover, as...

Persistent link: https://www.econbiz.de/10012709763

Backward Versus Forward Integration of Firms in Global Value Chains

Egger, Peter; Erhardt, Katharina; Masllorens, Gerard - 2021

Production processes are increasingly organized in international value-chain networks. The involved firms can be operating at arm’s length or be vertically integrated. Both the incidence and the direction of integration (backward or forward in the value chain) depend on specific...

Persistent link: https://www.econbiz.de/10013224089