This study compares the efficacy of some commonly observed vendor selection and contracting mechanisms with respect to two key challenges in service outsourcing: vendor selection and contract efficiency. We show that competitive bidding yields good selection but contract inefficiency (positive...

This article gives a general decision framework for companies outsourcing strategic decisions. The authors argue that a consistent outsourcing strategy, strategic evaluation and searching of external sources, and effective implementation processes are three essential steps toward successful...

This study examines how stakeholders exert an influence on product design decisions in the presence of exogenous uncertainty. Hitherto, research has traditionally viewed firms as one entity, and has prescribed an "optimal"' product design decision at firm level. Inspired by field studies at...

We use detailed case studies of 31 innovation outsourcing projects at Siemens to develop grounded theory on (1) selection criteria for external technology providers, and (2) operational project management success factors in the collaboration with providers. We compare five types of providers:...