0 the practice of basing a business or part of a business in a different country, usually because this involves paying less tax or other costs: --
1 the practice of a company having work done in another country, often because costs are lower there: --
Generally, those who favor offshoring support capital mobility, and those who oppose offshoring call for greater regulation.
More recently, offshoring drivers also include access to qualified personnel abroad, in particular in technical professions, and increasing speed to market.
The choice of offshoring destination is often made according to cultural concerns.
The term also incorporates aspects of global software development and there outsourcing (when the outsourcing locations are globally distributed) and offshoring aspects.
When offshoring knowledge work, firms heavily rely on the availability of technical personnel at offshore locations.
The 1990s was a period of offshoring of production facilities to control costs.
Studies have shown that offshoring is a source of significant uncertainty in the labor force.
The model differs from offshoring since engineers work in a similar time zone with no language barriers and no visa issues.
