By Mostafa Hashem Sherif, Tarek M. Khalil
ISBN-10: 9812790535
ISBN-13: 9789812790538
The overseas organization for administration of expertise (IAMOT) is likely one of the biggest medical institutions facing the schooling, study and alertness of administration of expertise. the once a year meetings held via IAMOT gather an important scientists and specialists within the box. The sixteenth convention held in 2007 incorporated papers via specialists from 32 international locations. This e-book compiles the easiest of these papers offered on the convention. It covers themes and matters on the topic of the information financial system, commercialization of data, eco-friendly applied sciences, and sustainable improvement.
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Extra info for Management of Technology Innovation and Value Creation: Selected Papers from the 16th International Conference on Management of Technology
Sample text
2. Many facets of uncertainty as determinants of transaction costs and benefits In the static transaction cost view, uncertainty is seen as originating from changes in the operating environment and the rate and unpredictability of the changes create uncertainty about future conditions (Williamson, 1985). In the transaction cost approach, this type of market and technology related uncertainty is called parametric uncertainq. Parametric uncertainty is based on the agent's subjective belief regarding the probabilities of events and the consequences of their actions (Hirshleifer and Riley, 1979).
For the PPI and telecommunication equipment industry, standard industry classification (SIC) codes were directly used as search determinants, with SIC codes beginning with 26 for the PPI, and 366, 367 for the telecommunication equipment industry. For the biotechnology industry we used the high technology code of the SDC database. These selection criteria led us to 3,5 15 alliances in biotechnology, 2,683 in the telecommunication equipment industry and 429 in the pulp and paper industry. 2. Measures The alliance governance mode was defined on a continuum of market and hierarchies, joint ventures being closer to the hierarchy whereas The Many Facets of Uncertainty 29 strategic alliances are closer to the market option.
Similarly, the costs related to cooperation might be considerably higher if the governance choice is made in ignorance of the industry evolution phase. , Kylaheiko, K. and Virolainen, V-M. (2002). Filling a gap in traditional transaction cost economics: towards transaction benefits based analysis using Finnish telecommunications as an illustration, Zrjternational Journal of Production Economics, 70, pp. 1-14. Carson, S. , Madhok, A,, and Wu, T. (2006). Uncertainty, opportunism, and governance: the effects of volatility and ambiguity on formal and relational contracting, Academy of Management Journal, 49, 5 , pp.
Management of Technology Innovation and Value Creation: Selected Papers from the 16th International Conference on Management of Technology by Mostafa Hashem Sherif, Tarek M. Khalil
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