Transactions Cost Executive Summary Paper

Choose one of the frameworks we discuss in the course, or from the assigned readings, and apply it to this case of “Feed R&D–or Farm It Out”? (At the end of the case there are several commentaries on the case. You are not required to read them.)

Your analysis should be 2-3 pages, although it may longer.

In your write-up emphasize:

1. How is this framework relevant to the case.
2. Identify the key aspects of the framework that are appropriate to evaluating the outsourcing decision.
3. Do you recommend outsourcing R&D, or not? Is your recommendation consistent with the framework? If not, explain your recommendation.
4. If the company decides to outsource (irrespective of your recommendation), what additional actions does the framework suggest for the company?