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Author: | Parmigiani, A. |
Title: | Why do firms both make and buy? An investigating of concurrent sourcng |
Journal: | Strategic Management Journal
2007 : MAR, VOL. 28:3, p. 285-311 |
Index terms: | economic theory make or buy decisions transaction costs vertical integration |
Language: | eng |
Abstract: | This paper combines organizational economic theories, like transaction cost economic, neoclassical economics and the firms capabilities, and compares when firms make, buy and concurrently source through surveying small manufacturing firms. It finds support for aspects of all three theories, with evidence indicating that concurrent sourcing is a distinctly different choice, rather existing along a make/buy continuum. |
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