We examine how different kinds of uncertainty affect a firm’s decision to develop critical technologies inside or outside its organizational boundaries. We develop three main arguments. First, firms are more likely to incorporate sources of uncertainty by vertically integrating when firm-specific uncertainty is high. Second, firms are less likely to incorporate sources of uncertainty when field-level uncertainty is high. Third, firms are more likely to imitate design solutions adopted by successful firms to reduce competitive interdependence. Using panel data covering the period 1950–2007, we model the probability that car racing constructors participating in the Formula One World Championship decide to control engine production processes by integrating the corresponding activities into their organizational structure. We report results that are generally supportive of our hypotheses.

Knowledge, uncertainty, and the boundaries of the firm. Evidence from a study of Formula One racing constructors. 1950-2000

CASTELLUCCI, FABRIZIO;CARNABUCI, GIANLUCA
2016

Abstract

We examine how different kinds of uncertainty affect a firm’s decision to develop critical technologies inside or outside its organizational boundaries. We develop three main arguments. First, firms are more likely to incorporate sources of uncertainty by vertically integrating when firm-specific uncertainty is high. Second, firms are less likely to incorporate sources of uncertainty when field-level uncertainty is high. Third, firms are more likely to imitate design solutions adopted by successful firms to reduce competitive interdependence. Using panel data covering the period 1950–2007, we model the probability that car racing constructors participating in the Formula One World Championship decide to control engine production processes by integrating the corresponding activities into their organizational structure. We report results that are generally supportive of our hypotheses.
2016
9780198785972
9780191831621 (e-ISBN)
Tell, Fredric; Berggren, Christian; Brusoni, Stefano; Van de Ven, Andrew
Managing knowledge integration across boundaries
Castellucci, Fabrizio; Carnabuci, Gianluca
File in questo prodotto:
File Dimensione Formato  
Knowledge, Uncertainty, and the Boundaries of the FirmEvidence from a Study of Formula One Racing Constructors, 1950–2000 - Oxford Scholarship.pdf

non disponibili

Descrizione: Capitolo
Tipologia: Pdf editoriale (Publisher's layout)
Licenza: NON PUBBLICO - Accesso privato/ristretto
Dimensione 245.47 kB
Formato Adobe PDF
245.47 kB Adobe PDF   Visualizza/Apri

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/11565/3998460
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus ND
  • ???jsp.display-item.citation.isi??? ND
social impact