Determinants and Management of Make-and-Buy: An Extension to Transaction Cost Economics
Research output: Books and anthologies › Book
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Wiesbaden: Gabler Verlag, 2009. 212 p. (Gabler Edition Wissenschaft), (Beiträge zur betriebswirtschaftlichen Forschung; Vol. 120).
Research output: Books and anthologies › Book
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RIS
TY - BOOK
T1 - Determinants and Management of Make-and-Buy
T2 - An Extension to Transaction Cost Economics
AU - Krzeminska, Anna
N1 - Zugl.: Berlin, Freie Univ., Diss., 2008
PY - 2009
Y1 - 2009
N2 - While making and buying are usually regarded as being mutually exclusive in extant theory, in reality, making-and-buying is employed in various contexts, such as industrial manufacturing, the media, and clinical trials.After assessing transaction cost economics as the most important theory of the make vs. buy decision, Anna Krzeminska develops an extension to the TCE framework which spotlights uncertainty as a main explanatory variable. This approach not only allows distinguishing different types of make-and-buy but also enables an explanation of determinants, management mechanisms, and performance implications of each make-and-buy type separately. Empirical analysis with data from the German automotive industry shows predominant support for the hypotheses. Thus, this work contributes to a better understanding of the categorization of economic institutions.
AB - While making and buying are usually regarded as being mutually exclusive in extant theory, in reality, making-and-buying is employed in various contexts, such as industrial manufacturing, the media, and clinical trials.After assessing transaction cost economics as the most important theory of the make vs. buy decision, Anna Krzeminska develops an extension to the TCE framework which spotlights uncertainty as a main explanatory variable. This approach not only allows distinguishing different types of make-and-buy but also enables an explanation of determinants, management mechanisms, and performance implications of each make-and-buy type separately. Empirical analysis with data from the German automotive industry shows predominant support for the hypotheses. Thus, this work contributes to a better understanding of the categorization of economic institutions.
KW - Management studies
KW - Automotive industry
KW - Management
KW - Manufacturing
KW - Performance
KW - Sourcing Strategies
KW - TCE
KW - Unvertainty
UR - http://www.scopus.com/inward/record.url?scp=84891404844&partnerID=8YFLogxK
U2 - 10.1007/978-3-8349-9924-5
DO - 10.1007/978-3-8349-9924-5
M3 - Book
SN - 978-3-8349-1275-6
T3 - Gabler Edition Wissenschaft
BT - Determinants and Management of Make-and-Buy
PB - Gabler Verlag
CY - Wiesbaden
ER -