Reweaving the Silk Road through outsourcing and offshoring: The need for an externalisation theory

Knight, Gary A., Simonin, Bernard L. and Liesch, Peter (2006). Reweaving the Silk Road through outsourcing and offshoring: The need for an externalisation theory. In: Proceedings of the 48th Annual Meeting of the Academy of International Business. Annual Meeting of the Academy of International Business, Beijing, China, (70-70). 23-26 June 2006.

Author Knight, Gary A.
Simonin, Bernard L.
Liesch, Peter
Title of paper Reweaving the Silk Road through outsourcing and offshoring: The need for an externalisation theory
Conference name Annual Meeting of the Academy of International Business
Conference location Beijing, China
Conference dates 23-26 June 2006
Proceedings title Proceedings of the 48th Annual Meeting of the Academy of International Business
Place of Publication East Lansing, MI, U.S.A.
Publisher Academy of International Business
Publication Year 2006
Sub-type Published abstract
Start page 70
End page 70
Total pages 1
Collection year 2006
Language eng
Abstract/Summary The reweaving and repaving of the modern Silk Road passes through outsourcing and offshoring activities that have a profound impact on both global business psyche and landscape. Firms, in particular, and their global value chain are being shaped and reshaped through a complex concoction of vertical integration and disintegration. The boundary of the firm and the firm/market interface has been of interest to students of organisation and economics for some time. It has provided the context for Internalisation Theory. Within the new economy, the twin trends of globalisation and advancing technologies are giving rise to a hitherto unknown “worldwide market for market transactions? and increased opportunities for international expansion by firms via market-based modes of organisation. We describe these trends and offer an early modeling approach for explaining why some firm’s externalise the marginal transaction in the so-called new economy. The paper further draws attention on the need to articulate an “Externalisation Theory? that adequately accounts for the firm’s offshoring and outsourcing activities, and that parallels as well as complement “Internalisation Theory? for a full explanation of today’s firms behaviour.
Subjects EX
350212 International Business
720403 Management
Q-Index Code EX
Q-Index Status Provisional Code
Institutional Status UQ

 
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Created: Thu, 23 Aug 2007, 21:40:57 EST