Make, buy, or ally: A transaction cost theory meta-analysis

• 成果类型: Review
• 署名作者: Geyskens, Inge; Steenkamp, Jan-Benedict E. M.; Kumar, Nirmalya
• 署名单位: Tilburg University; University of North Carolina; University of North Carolina Chapel Hill; University of London; London Business School; University of London; London Business School
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• DOI: 10.5465/AMJ.2006.21794670
• 发表日期: 2006
• 页码: 519-543
• 关键词: MANUFACTURER-SUPPLIER RELATIONSHIPS; resource-based view; ENTRY MODE CHOICES; vertical integration; PERFORMANCE IMPLICATIONS; UNITED-STATES; information-technology; RELATIONAL GOVERNANCE; CHANNEL INTEGRATION; empirical-evidence

摘要

Since the publication of Williamson's Markets and Hierarchies, many empirical articles have investigated the tenets of transaction cost theory. Using meta-analytic techniques, we quantitatively synthesized and evaluated transaction cost-based empirical research on organizational boundary (make, buy, or ally) decisions. We found strong support for the theory for both make versus buy and ally versus buy decisions. However, we did not find evidence that asset specificity had stronger predictive power than uncertainty. Hierarchical and relational governance appropriately aligned with transaction dimensions both led to enhanced performance. On the basis of our meta-analysis, we provide directions for future research.