0000000000016292
AUTHOR
Gøril Hannås
Electronic commerce and governance forms: a transaction cost approach
A large amount of the electronic commerce (EC) literature is focused on the benefits of digitalising transactions, as well as technological and organisational issues related to implementing inter-firm information systems. Even though firms choose different electronic solutions for different purposes, there are still modest research contributions focusing on what kind of governance structures that emerge from business to business (B2B) electronic commerce and why these different governance forms emerge. This paper develops a framework for analysing how certain transaction characteristics such as order frequency, relation specific assets and uncertainty affect the alignment of electronic gove…
B2B Relationships in Modern Times: Implications of Relation-Specific Information Systems on Governance Forms
Information technology (IT) enables businesses to integrate information systems across entities without altering the firms’ legal boundaries. New forms of inter-firm dependence and governance mechanisms may arise, due to the explicit investments made in technology and systems for collaboration purposes. There is an important distinction between general and customized investments in inter-organizational information systems (IOS), because the specificity level in IT exhibits certain characteristics that accentuate both the risk and value of inter-firm trade. Several research calls were made to validate governance theories on IOS. Based on a literature review, this paper provides a synthesis a…
Pre-requisites of successful strategic electronic coordination : the moderation effect of the ownership mechanism of inter-organisational information systems
In this paper, we attempt to explain how the ownership mechanism of an interorganisational information system (IOS) may impact strategic information exchange (electronic coordination) induced by specific investments in the IOS. Recent research and practice show that heavy investments in IOSs demonstrate mixed results with respect to their impact on the electronic coordination. Consequently, the search of additional factors is needed to help and explain under what circumstances the IOS investments for strategic purposes become beneficial for the companies in a buyersupplier dyad. Transaction cost economics (TCE) and the hostage model are used as a framework for the research. 198 observations…
Adaptation of Risk Sharing Partnerships (RSP) to New Industries
The aerospace industry has since the 1990s used a partnership model called Risk Sharing Partnerships (RSP) to handle certain challenges faced in the development of new aircrafts. The RSP model allows the client to include key suppliers in the development of a new product, and hence sharing the burden of investment, risk mitigation, as well as the future sales income. This makes it easier to acquire funding for the development of new products and technologies, in addition to accelerating the development process by including key competencies earlier (Buzacott and Peng in Eur J Oper Res 218:656–666, 2012). RSP have raised interest in other industries, which calls for increased knowledge of con…
Realization of Benefits from Best Value Approach by Proper Utilization of Expertise in Infrastructure Projects
In the search for improved contract and project management in construction, the Best Value Approach (BVA) is a concept that has been introduced with a proven track record for better performance. The BV-philosophy stresses the importance of proper utilization of vendor expertise, as well as reducing management, direction and control by assumed non-expert clients. The development of BVA has mainly taken place through lessons learned from a number of projects, and existing research is mostly concerned with practicalities and “how” to apply it. However, research is scarce on what characterizes an expert in a BV-context, and the concept lacks scientific documentation regarding underlying premise…
Impact of supplier-specific investments in inter-organisational information systems on strategic electronic coordination: the moderation effect of buyer dependence
Abstract This paper examines the factors which influence sharing of the strategic information (in other words, electronic coordination) in a buyer–supplier dyad. The antecedents of this coordination are examined rather well in the transaction cost economics (TCE) theory and resource-dependency theory (RDT), while the supply chain management perspective is contemplated. The mentioned frameworks are used in the analysis. However, the research focus is narrowed down to the exploration of the antecedents of information exchange conducted via inter-organisational information systems (IOS). The empirical analysis is based on 198 observations of Norwegian companies operating in different types of …