دانلود رایگان مقاله برون سپاری جهانی نوآوری اکتشافی و عملکرد مالی شرکت

ABSTRACT

Global outsourcing can be an effective strategy to reduce costs and gain access to worldwide knowledge, however, research reports conflicting results regarding its performance effects. Building on knowledge and relational capital literatures, I submit that firms experience higher cognitive and normative barriers in knowledge exchange in global outsourcing, and this causes explorative innovation to negatively mediate the relationship between global outsourcing and firm financial performance. However, this negative mediation effect can be positively moderated by building relational capital with foreign suppliers. I test the theory using data from 223 manufacturing firms in the Netherlands, and find support for the hypotheses.

6. Conclusion

In this study, I explored the effect of global outsourcing on explorative innovation and the role of relational capital with foreign suppliers as a critical inter-organizational capability. The findings show that global outsourcing can depress explorative innovation and financial performance of the outsourcing firm, and that relational capital could play an important role in opening-up the potential of global outsourcing in global markets of creative knowledge and new ideas necessary for explorative innovation. Given that trade barriers and tariffs continue to be an important debate in the context of new trade agreements such as the TTIP (Transatlantic Trade and Investment Partnership) and TPP (TransPacific Trade Partnership), research that aims to understand how global outsourcing will influence the innovation and performance of firms is an increasingly relevant and promising research agenda.