IDEAS home Printed from https://ideas.repec.org/a/wsi/ijitmx/v11y2014i03ns0219877014500163.html
   My bibliography  Save this article

Strategic Technological Sourcing Decisions in the Context of Timing and Market Strategies: An Empirical Analysis

Author

Listed:
  • Alexander Brem

    (University of Erlangen-Nürnberg, Lange Gasse 20, 90403 Nürnberg, Germany)

  • Daniel A. Gerhard

    (University of Erlangen-Nürnberg, Lange Gasse 20, 90403 Nürnberg, Germany)

  • Kai-Ingo Voigt

    (University of Erlangen-Nürnberg, Lange Gasse 20, 90403 Nürnberg, Germany)

Abstract

In times of changing business models and international competition, there is an inherent need for companies to foster and develop mechanisms to absorb new technologies for innovative products and processes effectively. Such considerations lead to the strategic make-or-buy decision which was the subject of our research. This quantitative explanatory study in the German industry shows in particular that companies base their decision for internal or external sourcing on multiple weighted criteria with scoring models and, even more common, with portfolio matrices. These results are in common with recent research, however, other results are surprising, e.g. just a small minority of companies involve people from controlling and legal departments in these decision processes. The paper also reveals differences between companies with different timing and competitive strategies, which are in line with the proposed characteristics of these strategic focuses in literature. Implications for theory and practice are given to foster future research in this area.

Suggested Citation

  • Alexander Brem & Daniel A. Gerhard & Kai-Ingo Voigt, 2014. "Strategic Technological Sourcing Decisions in the Context of Timing and Market Strategies: An Empirical Analysis," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 11(03), pages 1-23.
    • Handle: RePEc:wsi:ijitmx:v:11:y:2014:i:03:n:s0219877014500163
    DOI: 10.1142/S0219877014500163
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0219877014500163
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S0219877014500163?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ayşe Şolpan Temiz & Bilge Yiğit Özkan & Ahmet Şevket Üçer, 2016. "A Product-Based Strategic Technology Management Methodology for Developing Countries," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 13(02), pages 1-24, April.
    2. Alexander Brem & Robert Elsner, 2018. "Make-Or-Buy Decisions On Technology-Intensive Products: Insights From The Consumer Goods Industry," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 22(06), pages 1-17, August.
    3. Petra A. Nylund & Xavier Ferras-Hernandez & Alexander Brem, 2020. "Automating profitably together: Is there an impact of open innovation and automation on firm turnover?," Review of Managerial Science, Springer, vol. 14(1), pages 269-285, February.
    4. Yun Chen & Rui Zhou & Yuan Zhou, 2022. "Analysis of Critical Factors for the Entrepreneurship in Industries of the Future Based on DEMATEL-ISM Approach," Sustainability, MDPI, vol. 14(24), pages 1-21, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:ijitmx:v:11:y:2014:i:03:n:s0219877014500163. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/ijitm/ijitm.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.