A multi-theory framework for understanding the reshoring decision

Ronan McIvor and Lydia Bals

International Business Review, 2021, vol. 30, issue 6

Abstract: Recently firms have been reconsidering offshoring decisions, and have been reshoring activities back from offshore locations to domestic locations. The aim of this paper is to develop a framework for understanding location and governance choice in the reshoring decision. Employing the eclectic paradigm, the resource-based view and transaction cost economics as a theoretical basis, this research highlights the value of integrating location-specific factors with process- and firm-specific factors for understanding location and governance choice in the reshoring decision. Moreover, the framework highlights the value of understanding the interaction of the location-, firm- and process-specific factors on the reshoring decision.

Keywords: Reshoring; Eclectic theory; Resource-based view; Transaction cost economics (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (14)

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DOI: 10.1016/j.ibusrev.2021.101827

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