The concept of vertical architecture defines the scope of a firm and the extent to which it is open to final and intermediate markets. A firm can make or buy inputs, and transfer outputs downstream or sell them. Permeable vertical architectures are partly integrated and partly open to the...

In this paper, we seek to provide empirical documentation of the effect of Activity-Based Costing (ABC) information on product and customer-related decisions made by managers in a company. Proponents of ABC argue that when an entity implements ABC, it reaps at least two important benefits:...

Ambulatory e-prescribing, at first glance, appears to be a straightforward automation effort that electronically connects an e-prescriber to an electronic network so an e-script can be sent to a pharmacist. The reality is much more complex. The successful implementation of e-prescribing requires...

The last twenty years have witnessed the rise of disaggregated quot;clustersquot; or quot;networksquot; of firms. In these clusters the activities of Ramp;D, product design, production, logistics and selling may be split up among hundreds or even thousands of firms. Different firms will design...

This paper examines how a radical technological innovation affects alliance formation of firms and subsequent network structures. We use longitudinal data of interfirm Ramp;D collaborations in the biopharmaceutical industry in which a new technological regime is established. Our findings suggest...

Rede, in verkorte vorm uitgesproken bij de aanvaardig van het ambt van hoogleraar aan de Faculteit der Bedrijfskunde met als leeropdracht Bedrijfskunde, in het bijzonder Informatie ManagementThere has been much debate in the management sciences in general and the field of information systems in...

While the net present value (NPV) approach is widely accepted as the right framework for studying production and inventory control systems, average cost (AC) models are more widely used. For the well known EOQ model it can be veri_ed that (under certain conditions) the AC approach gives near...

This chapter traces the development of real options reasoning (ROR) and details how problems in assessing the value of real options have made ROR as initially proposed difficult to implement. The paper then describes how in practice, instead of focusing on explicit valuation, organizations...

How does the stock market affect inventory decisions? The efficient markets view is that low stock price means poor fundamentals, a higher cost of capital, and lower inventory. Normatively, firms should obtain their cost of capital from an efficient markets model of stock prices. My study is...

While the need for, and the value of, Continuous Improvement (CI) Management in practice is well established; their successful implementation has proven problematic. Employee resistance, due to business cultural incompatibility, is considered a major cause. Unfortunately, current budgeting systems...