search query: @author Clemons, E. K. / total: 8
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| Author: | Clemons, E. K. Row, M. C. |
| Title: | Information technology and industrial cooperation: the changing economics of coordination and ownership. |
| Journal: | Journal of Management Information Systems
1992 : FALL, VOl. 9:2, p. 9-28 |
| Index terms: | INFORMATION TECHNOLOGY INDUSTRIAL RELATIONS INFORMATION SYSTEMS TRANSACTION COSTS FIRM (THEORY OF) |
| Language: | eng |
| Abstract: | The analysis presented in this article builds on and clarifies previous literature in the information technology field based on the transactions cost economics paradigm. A theory of the cost and benefits of cooperation in relation to transaction cost economics is described. The conceptual theory is used to investigate the role of informational technology in influencing cooperation. The authors believe that informational technology reduces coordination costs and transaction risk , although not necessarily to the same degree. It is suggested that reduction in transaction risk leads to greater reliance on use of outside agents to achieve economies of scale, scope, or specialization. |
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