Lyda Bigelow
David Eccles Emerging Scholar and Assistant Professor
Department of Management
Email: lyda.bigelow@business.utah.edu
Prof. Bigelow received her MBA from Wharton and Ph.D. from the University of California, Berkeley. Prior to pursuing doctoral studies, she worked in investment banking for Kidder Peabody and Smith Barney in the corporate finance area. Her research focuses on using transaction cost economics to assess the impact of efficient boundary of the firm decisions (e.g. make-or buy decisions, strategic alliances) on firm performance. Her most recent work has investigated the trade-offs of managing efficient sourcing arrangements under conditions of rapid technological innovation. She also has research interests in industry evolution, entrepreneurship, and organizational change. Her work has appeared in the Strategic Management Journal, Journal of Economic Behavior and Organization and Management Science. She is a member of the Editorial Board of the Strategic Management Journal and is a reviewer for Administrative Science Quarterly, Organization Science and other journals. Prior to joining the faculty of the David Eccles School of Business at the University of Utah, she was a strategy professor at the John M. Olin School of Business, Washington University in St. Louis.
Teaching Areas:
Advanced Strategic Mgt
Research Statements:
My research examines how a firm’s strategic choices affect its ability to survive, expand, and adapt to changes in the technological and competitive environment. My particular focus is on firm boundaries, particularly the choice between in-house and external procurement. Further, I’m interested in how trade-offs between organizational and technological decisions impact firm performance, and how firms adjust their technological and organizational choices over time. The primary empirical setting in which I’ve explored these questions has been the early U.S. automobile manufacturing industry. Currently, I am collecting data on specialized medical clinics in the U.S. with Washington University colleagues Barton Hamilton and Brian McManus and plan to extend my research on the impact of firm boundary decisions on firm entry and exit rates, as well as on technology diffusion rates and the effect of individual agents on both technological and organizational choices over time. This work will contrast entrepreneurial ventures with incumbents. My most recent project, in conjunction with William Schulze, University of Utah, examines the use of standardized contracts among heterogeneous exchange in the white goods industry.
Chapters
- "Beyond Make-or- Buy: Advances in Transaction Cost Economics" Sage Publications. (Forthcoming)
- "New Institutional Economics, Organization, and Strategy" Cambridge University Press. (2008): 183-208
Co-Author(s): Jackson A. Nickerson - "Technology Choice, Transaction Alignment and Survival: The Impact of Sub-Population Governance Structure" Advances in Strategic Management. vol. 23 (2006): 301-334
Journal Articles
- "Make-or-Buy Revisited: A Population-Wide Test of Transaction Cost Alignment" Journal of Economic Behavior and Organization. vol. 66 (2008): 791-807
Co-Author(s): Nicholas Argyres - "Do Transaction Costs Matter for Survival at All Stages of the Industry Lifecycle?" Management Science. vol. 53 (2007): 1332-1344
Co-Author(s): Nicholas Argyres - "Legitimation, Geographical Scale, and Organizational Density: Regional Patterns of Foundings of American Automobile Producers, 1885-1981" Social Science Research. vol. 26 (1997): 377-398
Co-Author(s): Glenn R. Carroll, Marc-David Seidel, Lucia Tsai

