scholarly journals Using Transaction Cost Theory to Evaluate Outsourcing Decision-making in the Tourist Hotel Industry

Author(s):  
Han-Shen Chen ◽  
Tsuifang Hsieh
2009 ◽  
Vol 5 (1) ◽  
pp. 112-119
Author(s):  
Devilal Sharma

National priority of the developing country for rapid economic development and reducing growing unemployment problems may be encouraging entrepreneurship developments and entrepreneurial characteristics to the younger people. Either through University education or through different government’s policy it should be ensured that the investment friendly environment as well as youth’s energy should be divert in entrepreneurial way to creating opportunity for self-economical development of the people. Scholars as well as academician’s attention also should be concentrates on the matter. Thus the article focuses to fill that gap of national priority of developing nation like Nepal.Key Words: Entrepreneurship, enterprise, opportunity, uncertainty, governance, judgments, decision-making, management, transaction cost theory, value.The Journal of Nepalese Business Studies Vol. V, No. 1, 2008, December Page:112-119


2010 ◽  
Vol 207 (1) ◽  
pp. 434-444 ◽  
Author(s):  
Youxu Cai Tjader ◽  
Jennifer S. Shang ◽  
Luis G. Vargas

2000 ◽  
Vol 21 (1) ◽  
pp. 215-242 ◽  
Author(s):  
Eric W.K. Tsang

Transaction cost theory has been the dominant theoretical lens used in the study of joint ventures. The purpose of this paper is to explain the formation of joint ventures from the resource-based perspective and to compare this perspective with transaction cost theory. By focusing on the cost aspect of a transaction, the transaction cost logic explains joint ventures in terms of market failure for intermediate inputs, asset specificity, and high uncertainty over specifying and monitoring performance. Putting more emphasis on the benefit side of a transaction, resource-based theory regards joint ventures as a means of exploiting and developing a firm's resources. The transaction cost and resource-based explanations are, to a certain extent, complementary. Taking the stance of theoretical pluralism, an attempt is made to synthesize the two theories into a more comprehensive perspective which takes both costs and benefits into account.


2011 ◽  
Vol 39 (9) ◽  
pp. 1183-1192 ◽  
Author(s):  
Iuan-Yuan Lu ◽  
Jerry Yuwen Shiu

In this study we examined the framework linking antecedents of perceived value and willingness to buy in the Taiwanese spa hotel industry. We developed 6 hypotheses to identify the factors that are evaluated by customers. Hierarchical multiple regression analysis of data collected from hotels in 4 major spa regions in Taiwan revealed that the source of multicollinearity among the antecedents resulted in perceived value, which was positively associated with willingness to buy, being assigned varying levels of importance. The results also confirmed the 2 distinct and different effects of perceived price to perceived value and perceived quality in the service domain. Our findings could be used for comparative studies of value perception in other service industries and cultural settings.


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