The Strategic Nexus of Offshoring and Outsourcing Decisions

One important effect of the increasing integration of the world economy is the rising importance of possibilities to offshore and outsource value‐creating activities. In many industries, firms are able to disaggregate their value chains into smaller parts. This process allows for a less path‐dependent approach to the firm's ideal location profile (through offshoring and relocation) and control strategies (through outsourcing). This article...