... significantly increases firms' vertical specialization. According to the mechanism analysis, digital infrastructure can increase vertical specialization by lowering market transaction costs. This study employs group regressions in terms of cities, industries and companies to gain a better understanding...

... framework where the basic assumption of the sequential internationalization model can maintain its validity. Firms are indeed exposed to irrecoverable transaction costs that hamper their behaviours and complicate export supply responses in international markets. However, the magnitude of the costs and speed...

... the information systems and the interfirm governance literatures to develop a framework for the role of trust in the governance of extended enterprises. Design/methodology/approach This paper uses transaction cost economics (TCE) to identify the elements and stages of BPO relationships. This paper...

... differential pricing is the result of the fact that the transaction costs have not decreased proportionately for customers and corporations. The cheaper it becomes for corporations to tailor customer‐specific services, the more costly it becomes for the customer to do product and price comparisons, which...