International Journal of Procurement Management · 2008 · 69 citations · 27 references
BusinessStrategic ManagementStrategyAgency TheoryBusiness StrategyOrganizationsProcurementProcurement GovernanceProcurement PolicyProcurement SystemsAgency Cost TheoryTransaction Cost Models
This paper deals with different organisational forms of collaborative procurement and provides insight into when to use which form. Different forms from the literature are compared with empirical examples to give an overview of forms, which are then described in terms of strategy, skills and organisation. Whilst acknowledging variations, the paper distinguishes between two main forms: virtual networks and third-party organisations. Using empirical data and four theoretical perspectives (transaction cost economics, resource-based view, contingency theory, agency theory), the paper reflects on when which form can be used and presents an overall framework to help choose an organisational form.
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The Economic Institutions of Capitalism
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The Economic Institutions of Capitalism
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