On the Grouping of Tasks into Firms: Make-or-Buy with Interdependent Parts
We study the division of labor within production systems and look for the optimal grouping of tasks into firms. Using a unique dataset on the global automobile industry, we present evidence consistent with the prediction that pairs of tasks requiring more frequent mutual adaptation are more likely t...
Main Authors: | Novak, Sharon (Economist), Wernerfelt, Birger |
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Other Authors: | Sloan School of Management |
Format: | Article |
Language: | en_US |
Published: |
Wiley-Blackwell Pubishers
2013
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Online Access: | http://hdl.handle.net/1721.1/77919 https://orcid.org/0000-0003-0009-6236 |
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