The Interaction of Uncertainty and Asset Specificity in Component Make-Or-Buy Decisions (Classic Reprint) - Softcover

Inhaltsangabe

Excerpt from The Interaction of Uncertainty and Asset Specificity in Component Make-or-Buy Decisions

Stage assembly components in a division of a major US automobile manufacturer. By specifying two types of uncertainty - volume and technological, and controlling for production costs, we find evidence to support his hypothesis. However, the results show that volume and technological uncertainty are managed differently by the division; the implications of this finding for Williamson's theory is discussed.

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