How do transaction costs, capabilities and networks influence the procurement strategies of small agri-food firms? Evidence from the wine industry

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dc.contributor.authorBRUNO VARELLA MIRANDA
dc.contributor.authorRoss, Brent
dc.contributor.authorFranken, Jason
dc.contributor.authorGómez, Miguel
dc.creatorRoss, Brent
dc.creatorFranken, Jason
dc.creatorGómez, Miguel
dc.date.accessioned2024-10-14T23:00:11Z
dc.date.available2024-10-14T23:00:11Z
dc.date.issued2022
dc.description.abstractPurpose – The purpose of this study is to disentangle the drivers of adoption of procurement strategies in situations where small agri-food firms deal with constrained organizational choices. More specifically, the authors investigate the role of transaction costs, capabilities and networks in the definition of feasible “make or-buy” choices in emerging wine regions. Design/methodology/approach – This article analyzes a unique dataset of small wineries from five US states: Illinois, Michigan, Missouri, New York and Vermont. The reported results derive from both a hurdle model (i.e. a probit model and a truncated regression model) and a tobit model. Findings – The results suggest the importance of trust as a replacement for formal governance structures whenever small firms deal with highly constrained sets of organizational choices. On the other hand, the level of dependence on a limited mix of winegrape varieties and the perception that these varieties are fundamental in building legitimacy help to explain higher rates of vertical integration. Originality/value – This study is important because it sheds light on organizational constraints that affect millions of farmers across the globe. The study of “make-or-buy” decisions in agri-food supply chains has mostly relied on the implicit assumption that all organizational choices are available to every firm. Nevertheless, limited capabilities and the participation in low-density networks may constrain the ability of a firm to adopt a governance mechanism. Stated organizational preferences and actual organizational choices may thus differ.pt
dc.formatDigital
dc.format.extentp. 550 - 573
dc.identifier.doi10.1108/JSBED-01-2021-0007
dc.identifier.issn1462-6004
dc.identifier.urihttps://repositorio.insper.edu.br/handle/11224/7069
dc.language.isoInglês
dc.publisherEmerald Publishing Limited
dc.relation.ispartofJournal of Small Business and Enterprise Development
dc.subjectKeywords Agri-food firmsen
dc.subjectEconomic organizationen
dc.subject“Make-or-buy” choicesen
dc.subjectWine industryen
dc.titleHow do transaction costs, capabilities and networks influence the procurement strategies of small agri-food firms? Evidence from the wine industry
dc.typejournal article
dspace.entity.typePublication
local.identifier.sourceUrihttps://www.emerald.com/insight/content/doi/10.1108/JSBED-01-2021-0007/full/html
local.publisher.countryNão Informado
local.subject.cnpqCIENCIAS SOCIAIS APLICADAS
local.typeArtigo Científico
publicationissue.issueNumber4
publicationvolume.volumeNumber29
relation.isAuthorOfPublicationed06c7f4-4558-4d95-b1ff-47a32f3f4e1b
relation.isAuthorOfPublication.latestForDiscoveryed06c7f4-4558-4d95-b1ff-47a32f3f4e1b
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