This paper maintains that the consistent application of subjectivism helps to reconcile contemporary entrepreneurship theory with strategic management research in general, and the resource-based view in particular. The paper synthesizes theoretical insights from Austrian economics and Penrose's...

The vertical integration literature has examined outsourcing decisions mainly to understand the extent to which a firm engages in outsourcing. The question of how the firm's portfolio of outsourced work is managed across suppliers has been relatively understudied. This paper examines factors...