Organizational context as a moderator of theories on firm boundaries for technology sourcing

• 成果类型: Article
• 署名作者: Steensma, HK; Corley, KG
• 署名单位: University of Washington; University of Washington Seattle; Pennsylvania Commonwealth System of Higher Education (PCSHE); Pennsylvania State University; Pennsylvania State University - University Park
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• DOI: 10.5465/3069455
• 发表日期: 2001
• 页码: 271-291
• 关键词: RESOURCE-BASED THEORY; TRANSACTION-COST; decision-making; joint ventures; Agency theory; risk-taking; BEHAVIOR; determinants; preferences; uncertainty

摘要

Three research theories used to explain firm boundaries are transaction cost economics, an options perspective, and a resource-based view of the firm. Our integrated model addresses the degree to which each of these three perspectives explains firm boundaries for technology sourcing is contingent on managerial risk taking, which is partly determined by organizational context. Our results suggest that, in general, management stockholdings, firm risk orientation, and slack resource availability moderate the extent to which the perceived threat of opportunism, the threat of commercial failure, and opportunity for sustainable advantage all influence firm boundaries.