Testing predictions on supplier governance from the global value chains literature

Autor: Johannes Van Biesebroeck, Alexander Schmitt
Rok vydání: 2021
Předmět:
Zdroj: Industrial and Corporate Change. 31:89-111
ISSN: 1464-3650
0960-6491
DOI: 10.1093/icc/dtab034
Popis: A vast empirical literature analyzes the determinants of the make-or-buy decision. How to organize supplier relationships when the buy option is chosen has received much less attention. The global value chains framework provides testable predictions on the nature of buyer–supplier collaboration. We use a unique transaction-level dataset of outsourced automotive components to study carmakers’ choices between four distinct types of supplier governance: market, captive, relational, or modular. The theory formulates predictions based on three characteristics: the complexity or contractibility of a transaction, the capabilities in the supply base, and how objectively codifiable performance requirements are. Our results illustrate that sourcing relationships vary systematically and that the effects of proxies for the three characteristics are in line with the theory.
Databáze: OpenAIRE