... 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...

... of information and communication technologies scale and scope economies can be realized in the relationship with customers, due to reduction in transaction costs, i.e. the costs to reach, communicate, negotiate and enforce the contract, and provide a post‐acquisition service for a particular product or service...