External Technology Sourcing: The Effect of Uncertainty on Governance Mode Choice
This study examines the effect of external and relational uncertainty on the governance choice for inter-firm technology sourcing. Based on transaction cost economics (TCE) and real options theory (RO), we develop a number of hypotheses about the impact of environmental turbulence, technological newness, technological distance and prior cooperation on the choice between different governance modes. Data about deals in the pharmaceutical industry do not provide evidence for a continuum from less to more integrated sourcing modes. However, we find that the ranking depends on the type of uncertainty indicating that firms tackle different types of uncertainty with different governance modes.
Vareska VAN DE VRANDE Wim VANHAVERBEKE Geert DUYSTERS
Eindhoven University of Technology, the Netherlands Hasselt University,Belgium and TU/e, Netherlands UNU-MERIT and TU/e, the Netherlands
国际会议
The Fifth InternationalSymposium on Management of Technology(ISMOT07)(第五届技术与创新管理国际研讨会)
杭州
英文
1078-1082
2007-06-01（万方平台首次上网日期，不代表论文的发表时间）