Organizational context as a moderator of theories on firm boundaries for technology sourcing

Three research theories used to explain firm boundaries are transaction cos t economics, an options perspective, and a resource-based view of the firm. Our integrated model addresses the degree to which each of these three per spectives explains firm boundaries for technology sourcing is contingent on managerial risk taking, which is partly determined by organizational conte xt. Our results suggest that, in general, management stockholdings, firm ri sk orientation, and slack resource availability moderate the extent to whic h the perceived threat of opportunism, the threat of commercial failure, an d opportunity for sustainable advantage all influence firm boundaries.