The strategic management of high technology contracts : the case of CERN : competence based and transaction cost perspectives

High technology research laboratories are under constant pressure from the governments that support them to generate secondary utilities such as technology transfer and spin-offs. As buyers, such organisations are often used by governments to stimulate innovation by their suppliers, under tight budgetary constraints and within the rigid institutional frameworks applied to public research organisations. This book addresses the design of efficient buyer-supplier contracts within the institutional boundaries faced by the buyer and focuses in particular on vertical buyer-supplier linkages as a source of supplier core competencies in a cost- and technology-driven environment. Based on a study of manufacturing contracts commissioned by the European Laboratory for Particle Physics (CERN), the book aims to answer two questions. First, what is the most efficient governance structure for organising buyer-supplier relationships, given the presence of specific institutional boundaries, high technological complexity and environmental uncertainty? Secondly, irrespective of the presence of such an efficient governance structure, what type of impact could technology-oriented government contracts have on supplier core competencies?

high Technology Research Laboratories Are Under Constant Pressure From The Governments That Support Them To Generate Secondary Utilities Such As Technology Transfer And Spin-offs. As Buyers, Such Organisations Are Often Used By Governments To Stimulate Innovation By Their Suppliers, Under Tight Budgetary Constraints And Within The Rigid Institutional Frameworks Applied To Public Research Organisations. This Book Addresses The Design Of Efficient Buyer&ndash:supplier Contracts Within The Institutional Boundaries Faced By The Buyer And Focuses In Particular On Vertical Buyer&ndash:supplier Linkages As A Source Of Supplier Core Competencies In A Cost- And Technology-driven Environment.
based On A Study Of Manufacturing Contracts Commissioned By The European Laboratory For Particle Physics (cern), The Book Aims To Answer Two Questions. First, What Is The Most Efficient Governance Structure For Organising Buyer&ndash:supplier Relationships, Given The Presence Of Specific Institutional Boundaries, High Technological Complexity And Environmental Uncertainty? Secondly, Irrespective Of The Presence Of Such An Efficient Governance Structure, What Type Of Impact Could Technology-oriented Government Contracts Have On Supplier Core Competencies?

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based On Manufacturing Contracts Commissioned By The European Laboratory For Particle Physics (cern) In Geneva, Nordberg (cern) And Verbeke (business, Free U. Of Brussels) Examine The Design Of Efficient Buyer-supplier Contracts Within The Institutional Boundaries Faced By The Buyer, Focusing On Vertical Buyer-supplier Linkages As A Source Of Supplier Core Competencies In An Environment Driven By Cost And Technology. They Particularly Investigate What Is The Most Efficient Governance Structure For Organizing Buyer-supplier Relations Within The Specific Context, And What Type Of Impact Would Technology- Oriented Government Contracts Have On Supplier Core Competencies. The Treatment Might Interest Economists And Managers In High Technology Industries And Public Organizations. Annotation C. Book News, Inc., Portland, Or (booknews.com)

"Based on a study of manufacturing contracts commissioned by the European Laboratory for Particle Physics (CERN), the book aims to answer two questions. First, what is the most efficient governance structure for organising buyer-supplier relationships, given the presence of specific institutional boundaries, high technological complexity and environmental uncertainty? Second, irrespective of the presence of such an efficient governance structure, what type of impact could technology-oriented government contracts have on supplier core competencies?" "In its analysis of these questions, the book represents a contribution to the understanding of buyer-seller relationships, and to conceptual thinking in transaction cost economics and strategic management."--Jacket