Chapter 2 THEORIES OF THE FIRM AND IMPLICATIONS FOR OUTSOURCING
SUMMARY:
2.1. Introduction. – 2.2. Transaction Cost Economics Theory (TCET). – 2.3. Resource-Based Theory (RBT). – 2.4. Competence-Based Competition Theory (CBCT). – 2.5. Strategic Assets Theory (SAT). – 2.6. Dynamic Capability Theory (DCT). – 2.7. Knowledge-Based Theory (KBT). – 2.8. Open Innovation Theory (OIT). – 2.9. Network Theory (NT) and Supply-Chain Network Theory (SCNT).
2.1. Introduction
Innovation has always been one of the main forces driving the long-term competitive advantage and growth of firms. The effects it can produce in terms of creative destruction (Schumpeter, 1994) and the ability to profoundly redefine the rules of competition for firms and customers ...
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