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Author: | Saarinen, T. Vepsalainen, A. |
Title: | Procurement strategies for information systems |
Journal: | Journal of Management Information Systems
1994 : FALL, VOL. 11:2, p. 187-208 |
Index terms: | INFORMATION SYSTEMS STRATEGY CONTINGENCY THEORY |
Language: | eng |
Abstract: | A general framework of different procurement strategies is introduced to help managers review their project portfolio to find more effective ways in using both internal and market resources in information systems development. Major decision criteria - the specificity of system design and the uncertainty involved in requirements specification - are adopted from transaction cost economies to determine what procurement strategies should be used in different situations. |
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