The trend to source out internal functions to foreign corporations and locations has experienced strong growth over the past decades and has accompanied the expansion of global trade and investment. Outsourcing has led to a new pattern in the international division of labor between the industrialized and the developing nations. It has largely contributed to the economic success of emerging countries like India, Taiwan, and China. Outsourcing is influenced by a bundle of different macroeconomic and business-related factors. After decades of expansion, the trend to source out value-added goods and services, however, seems to have peaked.

What Is Outsourcing? Definitions and Theoretical Foundations

One of the most common definitions of outsourcing is provided by Richard Chase and colleagues,, and it refers to outsourcing as an “act of ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles