Time compression (dis)economies: An empirical analysis

Research Summary: To investigate time compression diseconomies (TCD), this study estimated time-cost elasticities using 459 oil and gas global investment projects (1997-2010). Results show that the average cost of accelerating investments is negative: a firm could cut $6.3 million in costs of a sing...

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Veröffentlicht in:	Strategic management journal 2018-09, Vol.39 (9), p.2489-2516
Hauptverfasser:	Hawk, Ashton, Pacheco-de-Almeida, Gonçalo
Format:	Artikel
Sprache:	eng
Schlagworte:	Companies Competitive advantage Cost control Costs Economic development Elasticity Financial incentives Investments Petroleum Petroleum industry R&D Research & development RESEARCH ARTICLE Securities markets sustainable competitive advantage temporal frictions Time time compression diseconomies time inefficiencies time–cost tradeoff
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