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The make-or-buy decision is analyzed in a simple framework combining contractual incompleteness with the existence of imperfect but contractible performance measures. Contractual incompleteness gives rise to two regimes, identified with make and buy. The performance measure on which...
Persistent link: https://www.econbiz.de/10010320222
The make-or-buy decision is analyzed in a three-layer principal-management-agent model. There is a cost-saving/quality tradeoff in effort provision. The principal chooses between employing an in-house management and contracting with an independent management; the cost-saving incentives facing...
Persistent link: https://www.econbiz.de/10010320245
Recent research argues that the management of intangible assets is a key to firms’ longtermsuccess and requires specialized management techniques and a distinctive set ofskills (Rivette & Kline 2000, Standfield 2002, Granstrand 1999). It is further arguedthat the active management of firms’...
Persistent link: https://www.econbiz.de/10009418839
-or-buy decision ; multitask principal-agent problem ; outsourcing …
Persistent link: https://www.econbiz.de/10003809055
(negative) such externality favors make (buy). -- make-or-buy decision ; manipulation ; outsourcing …
Persistent link: https://www.econbiz.de/10003909555
The goal of this paper is to develop a comprehensive research agenda to analyze trends in domestic outsourcing in the … process, we review definitions of outsourcing, the available scant empirical research, and limitations of existing data … predictions about likely impacts on job quality. We then lay out in detail a major research initiative on domestic outsourcing …
Persistent link: https://www.econbiz.de/10011446557
for performance and long-term profitability. While outsourcing reduces the operating costs of major airlines, it increases …
Persistent link: https://www.econbiz.de/10012926435
The seemingly unlimited availability of science and engineering (Samp;E) talent in emerging economies and the increasing difficulties of finding such talent in advanced economies have given rise to a new trend: the global sourcing of Samp;E talent. This paper examines the antecedents and...
Persistent link: https://www.econbiz.de/10012756478
outsourcing contract with better technologically-endowed suppliers requires a lower transfer and generates a higher surplus …
Persistent link: https://www.econbiz.de/10011713743
output was under the foreign outsourcing firms’ brands. This leads to two questions: (i) Why do most subcontractors not …
Persistent link: https://www.econbiz.de/10014213312