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http://hdl.handle.net/1942/5180
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DC Field | Value | Language |
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dc.contributor.author | Van de Vrande, Vareska | - |
dc.contributor.author | Lemmens, Charmianne | - |
dc.contributor.author | VANHAVERBEKE, Wim | - |
dc.date.accessioned | 2007-12-20T15:56:21Z | - |
dc.date.available | 2007-12-20T15:56:21Z | - |
dc.date.issued | 2005 | - |
dc.identifier.citation | Proceedings of the 12th International Product Development Management Conference. | - |
dc.identifier.issn | 1748-7595 | - |
dc.identifier.uri | http://hdl.handle.net/1942/5180 | - |
dc.description.abstract | This study examines the effect of uncertainty on governance mode choice of interfirm relationships in new business development (NBD). We combine transaction cost economics and real options reasoning, arguing that in the early stages of NBD, where technological and market uncertainty are very high, companies are better off using governance modes that are reversible and involve a low level of commitment. When uncertainty has decreased as a result of prior R&D investments, transaction costs considerations become dominant and companies will shift towards governance modes that are less reversible and more hierachical. We argue that technological distance leads to less hierarchical governance modes and prior cooperation between firms leads to subsequent choices for more hierachical modes. Finally, we propose that higher exogenous uncertainty leads to less hierarchical governance modes. | - |
dc.language.iso | en | - |
dc.publisher | EIASM Proceedings | - |
dc.title | Choosing governance modes for external technology sourcing: a real options perspective | - |
dc.type | Proceedings Paper | - |
local.bibliographicCitation.conferencename | 12th International Product Development Management Conference | - |
local.bibliographicCitation.conferenceplace | Copenhagen, Denmark, June 13-14, 2005 | - |
local.bibliographicCitation.jcat | C1 | - |
local.type.refereed | Refereed | - |
local.type.specified | Proceedings Paper | - |
dc.bibliographicCitation.oldjcat | C2 | - |
local.bibliographicCitation.btitle | Proceedings of the 12th International Product Development Management Conference | - |
item.fulltext | No Fulltext | - |
item.contributor | Van de Vrande, Vareska | - |
item.contributor | Lemmens, Charmianne | - |
item.contributor | VANHAVERBEKE, Wim | - |
item.accessRights | Closed Access | - |
item.fullcitation | Van de Vrande, Vareska; Lemmens, Charmianne & VANHAVERBEKE, Wim (2005) Choosing governance modes for external technology sourcing: a real options perspective. In: Proceedings of the 12th International Product Development Management Conference.. | - |
Appears in Collections: | Research publications |
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