Build-operate-transfer outsourcing contracts in services - boon or bane to emerging market vendor firms?

Journal of International Management

Volumn 19, Issue 3, 2013, Pages 220-231

  Ørberg Jensen, Peter D ^a   Petersen, Bent ^a  

^a Department of Strategic Management and Globalization ^*  (Denmark)

Author keywords

Build operate transfer; Inter firm linkages; Offshore outsourcing; Real options; Services

Indexed keywords

EID: 84881668286     PISSN: 10754253     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.intman.2013.03.001     Document Type: Article

References (64)

1. Adner R., Levinthal D.A. What is not a real option: considering boundaries for the application of real options to business strategy. Academy of Management Review 2004, 29(1):74-85.
2. Altenburg T. Linkages and spill-overs between TNCs and SMEs in developing countries. UNCTAD report TNC-SME Linkages for Development 2000, 3-57. UNCTAD, Geneva.
3. Alvarez L.H.R., Stenbacka R. Partial outsourcing: a real options perspective. International Journal of Industrial Organization 2006, 25:91-102.
4. Benaroch M., Dai Q., Kauffman R.J. Should we go our own way? Backsourcing flexibility in IT services contracts. Journal of Management Information Systems 2010, 26:317-358.
5. Beugelsdijk S., McCann P., Mudambi R. Introduction: place, space and organization - economic geography and the multinational enterprise. Journal of Economic Geography 2010, 10(4):485-493.
6. Bruche G. The emergence of China and India as new competitors in MNCs' innovation networks. Competition and Change 2009, 13(3):267-288.
7. Bunyaratavej K., Doh J.P., Hahn E.D., Lewin A.Y., Massini S. Conceptual issues in services offshoring research: a multidisciplinary review. Group and Organization Management 2011, 36:70-102.
8. Chi T. Options to acquire or divest a joint venture. Strategic Management Journal 2000, 21:665-687.
9. Chi T., McGuire D.J. Collaborative ventures and value of learning: integrating the transaction cost and strategic option perspectives on the choice of market entry modes. Journal of International Business Studies 1996, 27(2):285-307.
10. Contractor F.J., Kumar V., Kundu S., Pedersen T. Reconceptualizing the firm in a world of outsourcing and offshoring: the organizational and geographical relocation of high-value company functions. Journal of Management Studies 2010, 47(8):1417-1433.
11. Cuervo-Cazurra A., Cenc M.E. Obligating, pressuring, and supporting dimensions of the environment and the non-market advantages of developing-country multinational enterprises. Journal of Management Studies 2011, 48(2):441-455.
12. Dierickx I., Cool K. Asset stock accumulation and sustainability of competitive advantage. Management Science 1989, 35:1504-1511.
13. Dunning J.H. The Eclectic Theory of the MNC 1981, Allen & Unwin, London.
14. Dunning J.H., Lundan S.M. Multinational Enterprises and the Global Economy 2008, Edward Elgar Publishing, Cheltenham.
15. Farrell D., Laboissière M.A., Rosenfeld J. Sizing the emerging global labor market: rational behavior from both companies and countries can help it work more efficiently. Academy of Management Perspectives 2006, 20(4):23-34.
16. Folta T.B., Miller K.D. Real options in equity partnerships. Strategic Management Journal 2002, 23:77-88.
17. Forsgren M., Holm U., Johanson J. Managing the BB 2005, Edward Elgar Publishing, Cheltenham.
18. Gereffi G., Humphrey J., Sturgeon T. The Governance of Global Value Chains. Review of International Political Economy 2005, 12(1):78-104.
19. Gorovaia N. Real options, intangible resources and performance of franchise networks. Frederick University Cyprus Working Paper, November 2011 2011.
20. Transnational Corporations and Local Firms in Developing Countries - Linkages and Upgrading 2006, Copenhagen Business School Press, Frederiksberg, Denmark. M.W. Hansen, H. Schaumburg-Müller (Eds.).
21. Hansen M.W., Pedersen T., Petersen B. MNC Strategies and Linkage Effects in Developing Countries. Journal of World Business 2009, 44:121-131.
22. Hätönen J., Eriksson T. 30+ years of research and practice of outsourcing - exploring the past and anticipating the future. Journal of International Management 2009, 15:142-155.
23. Henisz W. The institutional environment for multinational investment. Journal of Law, Economics, and Organization 2000, 16:334-364.
24. Hennart J.-F. A Theory of Multinational Enterprise 1982, University of Michigan Press, Ann Arbor.
25. Hill T.L., Mudambi R. Far from Silicon Valley: How emerging economies are reshaping our understanding of global entrepreneurship. Journal of International Management 2010, 16:321-327.
26. Hult G.T.M., Craighead C.W., Ketchen D.J. Risk uncertainty and supply chain decisions:. Decision Sciences 2010, 41:435-458.
27. Janney J., Dess G. Can real options analysis improve decision-making? Promises and pitfalls. Academy of Management Executive 2004, 18:60-75.
28. Jensen P.D.Ø. A learning perspective on the offshoring of advanced services. Journal of International Management 2009, 15:181-193.
29. Jiang B., Yao T., Feng B. Valuate outsourcing contracts from vendorsD́ perspective: A real options approach. Decision Sciences 2008, 39:383-405.
30. Kemna A.G.Z. Case studies on real options. Financial Management 1993, 22:259-270.
31. Kenney M., Massini S., Murtha T.P. Offshoring administrative and technical work: new fields for understanding the global enterprise. Journal of International Business Studies 2009, 40(6):887-900.
32. Khanna T., Palepu K.G. Winning in emerging markets - a road map for strategy and Execution 2010, Harvard Business Press, Cambridge, MA.
33. Kogut B. Joint ventures and the option to expand and acquire. Management Science 1991, 37(1):19-33.
34. Kotabe M. Hollowing-out of U.S. multinationals and their global competitiveness. Journal of Business Research 1989, 19:1-15.
35. Kotabe M., Mol M.J., Ketkar S. An evolutionary stage model of outsourcing and competence destruction: a triad comparison of the consumer electronics industry. Management International Review 2008, 48:65-93.
36. Kumaraswamy A., Mudambi R., Saranga H., Tripathy A. Catch-up strategies in the Indian auto components industry: domestic firms' responses to market liberalization. Journal of International Business Studies 2012, 43(4):368-397.
37. Lacity M., Rottman J. Offshore outsourcing of IT work 2008, Palgrave, Houndsmill.
38. Lorenzen M., Mudambi R. Clusters, connectivity and catch-up: Bollywood and Bangalore in the global economy. Journal of Economic Geography 2012, 13(2). 10.1093/jeg/lbs017.
39. Luo Y., Sun J., Wang S.L. Comparative strategic management: an emergent field in international management. Journal of International Management 2011, 17(3):190-200.
40. Martinussen J. Society, State & Market - A Guide to Competing Theories of Development 1999, Zed Books, London.
41. Matthews J. Dragon Multinational: Towards a New Model of Global Growth 2002, Oxford University Press, New York.
42. Matthews J. Competitive advantages of the latecomer firm: a resource-based account of industrial catch-up strategies. Asia Pacific Journal of Management 2002, 19(4):467-488.
43. Matthews J. Dragon multinationals: new players in 21st century globalization. Asia Pacific Journal of Management 2006, 23:5-27.
44. Mayer K.J., Argyres N.S. Learning to contract: evidence from the personal computer industry. Organization Science 2004, 15(4):394-410.
45. McIvor R. Global services outsourcing 2010, Cambridge University Press, Cambridge.
46. Meyer K.E. Perspectives on multinational enterprises in emerging economies. Journal of International Business Studies 2004, 35(4):259-276.
47. Meyer K.E., Peng M.W. Probing theoretically into Central and Eastern Europe: transactions, resources, and institutions. Journal of International Business Studies 2005, 36:600-621.
48. Meyer K.E., Mudambi R., Narula R. Multinational enterprises and local contexts: the opportunities and challenges of multiple embeddedness. Journal of Management Studies 2011, 48(2):235-252.
49. Mudambi R. Location, control, and innovation in knowledge-intensive industries. Journal of Economic Geography 2008, 8(5):699-725.
50. Mudambi S.M., Tallman S. Make, buy or ally? Theoretical perspectives on knowledge process outsourcing through alliances. Journal of Management Studies 2010, 47:1434-1456.
51. Peng M. The resource-based view and international business. Journal of Management 2001, 27:803-829.
52. Reuer J.J., Tong T.W. Real options in international joint ventures. Journal of Management 2005, 31:403-423.
53. Rivoli P., Salorio E. Foreign direct investment and investment under uncertainty. Journal of International Business Studies 1996, 27(2):335-357.
54. Stopford J.J., Wells L.T. Managing the Multinational Organisation of the Firm and Overlap of Subsidiaries 1972, Basic Books, New York, NY.
55. Trent R.J., Monczka R.M. Achieving excellence in global sourcing. Sloan Management Review 2005, 47(1):24-32.
56. UNCTAD World Investment Report 2004, The United Nations, Geneva.
57. UNCTAD World Investment Report 2005, The United Nations, Geneva.
58. van der Heijden K. Scenarios - the Art of Strategic Conversation 1996, John Wiley & Sons Ltd., Chichester.
59. van der Heijden K., Bradfield R., Burt G., Cairns G., Wright G. The Sixth Sense - Accelerating Organizational Learning with Scenarios 2002, John Wiley & Sons Ltd., Chichester.
60. Wells L.T. Third World Multinationals: The Rise of Foreign Investment from Developing Countries 1983, MIT Press, Cambridge, MA.
61. Wells L.T. Multinationals and the developing countries. Journal of International Business Studies 1998, 29(1):101-114.
62. Willcocks L., Lacity M. Global Sourcing of Business and IT Services 2006, Palgrave, Houndsmill.
63. Williamson O.E. The Economic Institutions of Capitalism 1985, Free Press, New York.
64. Ziedonis A. Real options in technology licensing. Management Science 2007, 53(10):1618-1633.