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The Interaction of Uncertainty and Asset Specificity in Component Make-or-Buy Decisions
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.
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.
31 pages, Paperback
Published August 24, 2018
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