What the hare can teach the tortoise about make-buy strategies for radical innovations


Autoria(s): Perrons, Robert K.; Richards, Matthew G.; Platts, Ken
Data(s)

2005

Resumo

Purpose of this paper – The purpose of this investigation is to help establish: whether or not strong relationships between suppliers and customers improve performance; and if prescriptive frameworks on outsourcing radical innovations are dependent on industry clockspeed. Design/methodology/approach – A survey of UK-based manufacturers, followed by a statistical analysis. Findings – Long-term supplier links seem not to play a role in the development of radical innovations. Moreover, industry clockspeed has no significant bearing on the success or failure of any outsourcing strategy for radically new technologies. Research limitations/implications – Literature about outsourcing in the face of radical innovation can be more confidently applied to industries of all clockspeeds. Practical implications – Prescriptions for fast clockspeed industries should be applied more broadly: all industries should maintain a high degree of vertical integration in the early days of a radical innovation. Originality/value – Prior papers had explored whether or not a company should outsource radical innovations, but none had determined if this is equally true for slow industries and fast ones. Therein lies the original contribution of this paper.

Identificador

http://eprints.qut.edu.au/46471/

Publicador

Emerald Group Publishing Limited

Relação

DOI:10.1108/00251740510597707

Perrons, Robert K., Richards, Matthew G., & Platts, Ken (2005) What the hare can teach the tortoise about make-buy strategies for radical innovations. Management Decision, 43(5), pp. 670-690.

Direitos

Emerald Group Publishing Limited

Copyright © 2005, Emerald Group Publishing Limited

Fonte

QUT Business School; School of Management

Palavras-Chave #150300 BUSINESS AND MANAGEMENT #Innovation #Make or buy decisions #Outsourcing #Supplier relations #United Kingdom
Tipo

Journal Article