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The Economics Of The Enterprise And Cooperative Relations Between Supply Chain Analysis

Posted on:2003-11-25Degree:MasterType:Thesis
Country:ChinaCandidate:M WuFull Text:PDF
GTID:2206360092981519Subject:Industrial Economics
Abstract/Summary:PDF Full Text Request
The idea of supply chain and supply chain management has broken through traditional conception which only paid attention to utilizing the resources inside the enterprises. It puts forward Cooperations between separate enterprises. The Cooperation among enterprises is realized through outsourcing, business format franchise, cooperative agreement, strategic alliances, etc. This article tries to apply the idea and theory of economics in analyzing the founding and maintaining of supply chain.First, supply chain is a kind of team production , there exists "slack off " problem. Based on economic theory on team production, Getting-surplus right concentrating on supervisor will benefit whole team. When supervising is feasible, the structure of concentrating getting-surplus right is favorable in supply chain. The getting-surplus right should be given to the enterprise whose behavior is the most difficultly to be supervised or venture-maker in supply chain.The relationship of enterprises inside supply chain is a kind of cooperation between market and hierarchies. Based on transaction cost economics, transaction character which includes uncertainty, transaction frequency and assets speciality has influence on transaction cost. The two enterprises in transaction will adopt various cooperative methods according to different transaction character so as to save transaction cost. Based on Oliver Williamson's theory this article analyses various governance structure in supply chain according to different transaction character. If there exits specialized assess in transaction, "hold-up" problem may happen due to imperfection of contract during the fulfilling of the contract. Explicit contract and appealing to the court don't solve "hold-up" problem effectively, while implicit contract is a practical way to solve "hold-up" problem. This article analyses the way to determine contract can be self-fufiledThe firm's network inside supply chain has the network governance which is different from hierarchical governance and market governance. Social network's embeddeding in firm's network brings forward the faith dimension. This article views firm's network as a kind of Invisible resources which can decrease transaction cost and improve the enterprise performance.Wumeng(lndustrial Economics) Directed by Chengzhude...
Keywords/Search Tags:Supply Chain, Transaction Cost, Hold-up
PDF Full Text Request
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