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- W2170665429 abstract "Some evidence in the area of make-buy decisions for new technologies suggests that it is a good idea for a company to pursue a fairly rigorous make policy in the early days of a potentially disruptive innovation. Other studies prescribe exactly the opposite, promoting instead a buy strategy. This paper seeks to bridge the gap between these perspectives by suggesting that both strategies are valid, but that they are most successfully applied in different market environments. The make prescription may be more suited to either extremely fast or extremely slow rates of technological change, while a buy strategy might be more appropriate in market sectors where technologies evolve at a medium pace. This paper highlights the importance of industry clockspeed and supplier relationships in make-buy decisions for new technologies, and puts forward two new hypotheses that require empirical testing." @default.
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- W2170665429 date "2005-01-01" @default.
- W2170665429 modified "2023-09-27" @default.
- W2170665429 title "Make-buy decisions in the face of technological change: does industry clockspeed matter?" @default.
- W2170665429 doi "https://doi.org/10.1504/ijmed.2005.006020" @default.
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