Strategic Choice Models in a Globalized Marketplace: Perspectives through the Resource Based View and Transaction Cost Economics Conceptual Lenses

2010 ◽  
Author(s):  
Mzamo P. Mangaliso ◽  
Jann-Marie Culhane
Keyword(s):  
Transaction Cost ◽  
Transaction Cost Economics ◽  
Strategic Choice ◽  
Choice Models ◽  
Resource Based View

scholarly journals The Comparative Effects of Transaction Cost Economics and Resource Based View: A Technological Alliance Motivational Perspective

2016 ◽  
Vol 6 (5) ◽  
pp. 64 ◽  
Author(s):  
Hwan Jin Kim
Keyword(s):  
Transaction Cost ◽  
Transaction Cost Economics ◽  
Governance Structure ◽  
High Tech ◽  
Resource Based View ◽  
Alliance Partner ◽  
Positive Effects ◽  
Alliance Partners ◽  
The Impact ◽  
Alliance Governance

<p>This paper examines the impact of two main alliance motivation theories, transaction cost economics (TCE) and resource based view (RBV), on alliance processes among Korean manufacturing high-tech ventures. Results show that TCE and RBV are complimentarily explaining the formation of inter-firm alliances. TCE variables are more related with alliance partner characteristics while RBV is more linked with partner capabilities. Both show positive effects on performance. No significant effect is found on determining an alliance governance structure. While selecting appropriate technological alliance partners show positive effects on performance, no significant effect is found between alliance governance structure and performance. Factors of both theories impacting each alliance stage and analytical explanations of such impacts are discussed.</p>

Developing a framework for the performance evaluation of sorting and grading firms of used clothing

2019 ◽  
Vol 12 (1) ◽  
pp. 82-102 ◽  
Author(s):  
Manoj Kumar Paras ◽  
Daniel Ekwall ◽  
Rudrajeet Pal
Keyword(s):  
Firm Performance ◽  
Transaction Cost ◽  
Value Chain ◽  
Success Factors ◽  
Transaction Cost Economics ◽  
Developing Economies ◽  
Base Of The Pyramid ◽  
African Countries ◽  
Resource Based View ◽  
Content Type

PurposeThis paper aims to propose a framework for evaluating the performance of reverse value chain activities in the clothing industry operating at base of the pyramid. Specifically, the research explores firm and supply chain factors influencing clothing reverse value chain activities with a focus on developing economies.Design/methodology/approachThe study adopted an explorative technique using direct observations and semi-structured interviews to collect information from eight companies and two traders. Internal resources and value chain capabilities were examined using theoretical underpinnings of resource-based view, transaction cost economics and base of the pyramid.FindingsThe paper identified multiple benefits of offshoring reverse value chain activities to the developing countries (at the base of the pyramid). Low operation cost, skilled manpower, business knowledge and location are found to be internal success factors. While favourable government legislation and domestic recycling markets are important external factors contributing to the success. Developing economies such as India contribute to firm performance by integrating, transforming, acquiring and co-creating the resources at base of the pyramid. Further, it was found that to achieve higher assets specificity, a few companies have opened their own shops in African countries, while others have opened sourcing branches in Canada or the USA to ensure good quality of raw materials. Collaboration and coordination among different value chain partners minimise cost and increases profitability. Innovation in the process such as clothes mutilation for recycling has created new business opportunities.Research limitations/implicationsInformation was collected from only eight organisations and two traders from India. Future scholars may extend the research to generalise the findings by documenting similar phenomena.Practical implicationsThe proposed framework can serve a basis for the practitioners to evaluate firm performance, and the insights can be used to achieve sustainability by engaging producers, employees, consumers and community using base of the pyramid approach.Originality/valueThe study provides unique insights into the prevalent export and re-exports phenomena of used clothing. The resource-based view, transaction cost economics and base of the pyramid strategy underpinned together to develop a framework for understanding reverse value chain activities of clothing.

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