Choice of International Collaboration Modes: Transaction Costs Perspective and Knowledge-based View

Following the literature review and critiques, this research is to develop a conceptual framework as well as various research hypotheses, and by using Taiwanese firms having experiences in international collaboration as sample, to conduct an empirical research to test those hypotheses and compare how the explanatory power of transaction costs economics and knowledge-based views differ.

It is evidenced that while transaction costs theory possesses a better explanatory power than knowledge-based view, the integrated model combining these two strands explains the research question best, showing a complementary rather than substituting relationship between them.