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Vertical Competition and Outsourcing in a Supply Chain
International Journal of Business and Economics Research
Volume 4, Issue 6, December 2015, Pages: 315-322
Received: Nov. 23, 2015; Accepted: Dec. 4, 2015; Published: Dec. 30, 2015
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Author
Hans W. Gottinger, Strategy, Technology, Economics, STRATEC Consulting, Munich, Germany
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Abstract
This paper explores the importance of supply chain asymme tries by investigating the difference between firms in terms of key parameters. For the examination of inter-firm competition through product development, the context of simultaneous entry and sequential entry are treated separately. This allows a deeper understanding of the implications of information asymmetry and commit ment which have been regarded as important determinants in the context of game-theoretic studies. The study of innovation based competition has often considered aspects related to patent races and incremental product-process innovation to achieve distinctive advantage. However, recently innovation-based competition has become an aspect of buyer-supplier relationships. There are many instances in manufacturing where one finds situations of lock-ins created by innovative suppliers.
Keywords
Supply Chain, Outsourcing, Competition, Investment Strategy, Stochastic Games
To cite this article
Hans W. Gottinger, Vertical Competition and Outsourcing in a Supply Chain, International Journal of Business and Economics Research. Vol. 4, No. 6, 2015, pp. 315-322. doi: 10.11648/j.ijber.20150406.17
Copyright
Copyright © 2015 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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