Addresses the design of efficient buyer-supplier contracts within the institutional boundaries faced by the buyer and focuses on vertical buyer-supplier linkages as a source of supplier core competencies in a cost- and technology-driven environment.

Purpose This chapter discusses the global factory paradigm. We show how mainstream international business (IB) thinking, namely, internalization theory, can guide multinational enterprise (MNE) strategic decision-making in the context of a global factory network. Methodology/approach We identify...

Twenty years ago, Kenichi Ohmae (1985) published Triad Power , a path-breaking book, which has become a classic in the international business literature. Ohmae concluded that the world was far from global, but rather regionally organised, with the United States, Europe and Japan as the ‘triad...