Abstract
Champions of Yirteal corporations are urging managers to subcontract anything and everything. All over the world, companies are jumping on the bandwagon, decentralizing, downsizing, and forging alliances to pursue innovation. Why is the idea of the virtual organization so tantalizing? Because we have come to believe that bureaucracy is bad and flexibility is good. And so it follows that a company that invests in as little as possible will be more responsive to a changing marketplace and more likely to attain global competitive advantage.
| Original language | English |
|---|---|
| Title of host publication | Essays in Technology Management and Policy |
| Subtitle of host publication | Selected Papers of David J. Teece |
| Publisher | World Scientific Publishing Co. |
| Pages | 189-203 |
| Number of pages | 15 |
| ISBN (Electronic) | 9789812796929 |
| ISBN (Print) | 9810244460, 9789810244460 |
| DOIs | |
| Publication status | Published - 1 Jan 2003 |
| Externally published | Yes |
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