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The Role Of Transaction Cost Economics In Information Technology Outsourcing Research: A Meta-Analysis Of The Choice Of Contract Type, Michael Schermann, Konrad Dongus, Philip Yetton, Helmut Krcmar
The Role Of Transaction Cost Economics In Information Technology Outsourcing Research: A Meta-Analysis Of The Choice Of Contract Type, Michael Schermann, Konrad Dongus, Philip Yetton, Helmut Krcmar
Information Systems and Analytics
Two recent reviews report that the empirical findings in information technology outsourcing (ITO) research are frequently inconsistent with the prevailing dominant analytical framework of transaction cost economics (TCE). While employing similar methodologies, the two reviews propose different strategies to resolve the inconsistencies. One is to improve the methodological rigor, specifically, the operationalization of TCE constructs. The other is to abandon TCE in favor of a new analytical framework. This paper presents a meta-analysis of the empirical findings on the choice of contract type as a function of task uncertainty. The results support both strategies. Refining the operationalization of TCE constructs, …