To make or to buy: is this the question? Testing making or buying decisions to explain innovation sourcing strategies in the food sector

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6 Citations (Scopus)

Abstract

This paper analyses the decision of food companies to realize innovations through in-house ac-tivities, outsourcing and suing collaborations. The paper uses information from a dataset of 389 Italian food companies collected by Unicredit group in 2007. We develop a set of hypotheses from three theoretical perspectives: transaction cost economics, strategic management and re-source-based view. This paper aims at highlighting what firm’s features are related to the make, buy and mixed innovation-sourcing decisions. We found that these strategies are positively inter-linked which is challenging current theories. We conclude the paper by discussing these results and bringing some interesting outcomes to discuss managerial implications and/or policy inter-ventions in this highly strategic domain.
Original languageEnglish
Pages (from-to)99-118
JournalInternational Food and Agribusiness Management Review
Volume15
Issue number3
Publication statusPublished - 2012

Keywords

  • research-and-development
  • dynamic capabilities
  • empirical-analysis
  • property-rights
  • firm
  • performance
  • governance
  • sector
  • management
  • knowledge

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