THE ECONOMIC IMPACT OF OUTSOURCING AND CONTRACT MANAGEMENT ON ORGANIZATIONAL EFFICIENCY: EVIDENCE FROM DEVELOPING ECONOMIES
Keywords:
Globalization, rapid technological change, and increasing competition have pushed organizations—especially in developing economies—to search for new ways to enhance their efficiency and competitivenessAbstract
This study examines the economic impact of outsourcing and contract management on organizational efficiency in developing economies. Using theoretical insights and evidence from empirical studies, the research demonstrates how effective outsourcing strategies and contract governance mechanisms contribute to cost reduction, operational flexibility, innovation incentives, and performance optimization. The findings suggest that organizations in developing countries can improve their competitiveness by strategically integrating outsourcing with robust contract management frameworks.
Doctor of Philosophy in Economics (PhD),. Outsourcing strategies; Contract management; Organizational efficiency; Developing economies; Transaction cost economics; Resource-based view; Performance governance; Operational flexibility; Cost optimization; Vendor relationship management.
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