How could outsourcing be possible? — An explanation of contract model

Author

Hao, Yanwei

Author_Institution

Fudan Univ., Shanghai, China

fYear

2011

fDate

27-29 June 2011

Firstpage

450

Lastpage

454

Abstract

Outsourcing production is one of the main existence modes for China´s foreign trade enterprises. Only from the perspective of elements theory of comparative advantage is not adequate. Based on the basic principal-agent models and joining asset-specific variables, this paper tries to analyze the effect of technological innovation for organizational change. Conclusion is that, the popularization of IT technology reduced the way of technology-specific types, which reduces the risk and uncertainty of the outsourcing contract, making the outsourcing production possible.

Keywords

contracts; innovation management; international trade; management of change; organisational aspects; outsourcing; risk management; China; IT technology; asset-specific variables; contract model; element theory; foreign trade enterprises; organizational change; outsourcing contract; outsourcing production; principal-agent models; technological innovation; technology-specific types; Companies; Contracts; Correlation; Investments; Outsourcing; Production; outsourcing production; principal-agent; technological innovations;

fLanguage

English

Publisher

ieee

Conference_Titel

Computer Science and Service System (CSSS), 2011 International Conference on

Conference_Location

Nanjing

Print_ISBN

978-1-4244-9762-1

Type

conf

DOI

10.1109/CSSS.2011.5975082

Filename

5975082