Updating and Cleaning Out: The “Make or Buy” Decision in Construction Revisited

Author: Johan Nyström
Publisher: 10th Nordic Conference on Construction Economics and Organization

ABOUT BOOK

Purpose Provide explanations to why firms subcontract. Design/Methodology/Approach Theoretical analysis based on current and specific conditions of the construction sector and empirical indicators. Findings Attributes potentially influencing the subcontracting decision are updated. Research Limitations/Implications The paper will only focus on the make-or-buy decision of the main contractor and not the client. Practical Implications Contributing to coming analysis on the subcontractor decision. Originality/Value Updated transaction cost analysis on the construction industry.

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