search query: @author Balakrishnan, S. / total: 7
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| Author: | Balakrishnan, S. |
| Title: | The dynamics of make or buy decisions |
| Journal: | European Journal of Operational Research
1994 : MAY, VOL. 74:3, p. 552_571 |
| Index terms: | OPTIMIZATION ORGANIZATION MANUFACTURING INDUSTRY |
| Language: | eng |
| Abstract: | Make or buy decisions are strategically important for business firms, particularly when production and marketing of components involves specialized technology and assets. Recent theories of make or buy decisions compare the cost of administering transactions inside a firm and across markets. In this paper, the author extends these theories to a dynamic market in which profit from the use of specialized assets declines over time due to entry and substitution of technology. |
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