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Driving Forces of Outsourcing New Product Development and Its Implications

Xu, Yushan LU (2010) EKHR22 20101
Department of Economic History
Abstract
This paper addresses how firms make decision of outsourcing knowledge-intensive activities such as new products development (NPD). Through the employment of transaction cost economics, resource based theory and knowledge based theories, a conceptual decision model is presented, and key factors which influence the decision making process are proposed and compared to the arguments generated from empirical studies. In the empirical studies, the comparison between medium-sized firm and large firm indicates that a stronger influence of transaction costs economics can be detected in large firm; a longer time collaboration relationship is preferable for both firms in R&D projects. In addition, lack of internal resources is another reason for the... (More)
This paper addresses how firms make decision of outsourcing knowledge-intensive activities such as new products development (NPD). Through the employment of transaction cost economics, resource based theory and knowledge based theories, a conceptual decision model is presented, and key factors which influence the decision making process are proposed and compared to the arguments generated from empirical studies. In the empirical studies, the comparison between medium-sized firm and large firm indicates that a stronger influence of transaction costs economics can be detected in large firm; a longer time collaboration relationship is preferable for both firms in R&D projects. In addition, lack of internal resources is another reason for the decision of outsourcing NPD. (Less)
Please use this url to cite or link to this publication:
author
Xu, Yushan LU
supervisor
organization
course
EKHR22 20101
year
type
H2 - Master's Degree (Two Years)
subject
keywords
new product development, transaction cost economics, knowledge based theory, resource based theory, Outsourcing
language
English
id
1627000
date added to LUP
2010-08-17 13:31:42
date last changed
2010-08-17 13:31:42
@misc{1627000,
  abstract     = {This paper addresses how firms make decision of outsourcing knowledge-intensive activities such as new products development (NPD). Through the employment of transaction cost economics, resource based theory and knowledge based theories, a conceptual decision model is presented, and key factors which influence the decision making process are proposed and compared to the arguments generated from empirical studies. In the empirical studies, the comparison between medium-sized firm and large firm indicates that a stronger influence of transaction costs economics can be detected in large firm; a longer time collaboration relationship is preferable for both firms in R&D projects. In addition, lack of internal resources is another reason for the decision of outsourcing NPD.},
  author       = {Xu, Yushan},
  keyword      = {new product development,transaction cost economics,knowledge based theory,resource based theory,Outsourcing},
  language     = {eng},
  note         = {Student Paper},
  title        = {Driving Forces of Outsourcing New Product Development and Its Implications},
  year         = {2010},
}