ECONOMIC VS. ORGANISATIONAL PERSPECTIVE ON INTER-ORGANISATIONAL RELATIONS’ ANALYSIS – ARE ECONOMISTS ON THE DEAD-END TRACK?
Beata Stepien () and
Monika Sulimowska-Formowicz ()
Additional contact information
Beata Stepien: Poznan University of Economics
Monika Sulimowska-Formowicz: University of Silesia in Katowice, Poland
Equilibrium. Quarterly Journal of Economics and Economic Policy, 2016, vol. 11, issue 1, pages 159-177
Inter-organizational relations (IORs), complex constructs existing on the verge of companies’ boundaries, are a popular area of managerial and academic investigation, due to their ability to create sustainable competitive advantage. The aim of the article is to show applicability, insights and limitations of economic perspective in IORs analysis. By reviewing advances of selected economic and organizational theories exploring IORs, we will try to answer the following questions: (1)Can economic thought add any novelty to IOR analysis in the era of dynamic global shifts in competitive environment? Are economic lenses still useful and applicable here? (2) Do organizational sciences’ academics take more practical, down to earth approach, or have they just moved forward (or blurred the clarity of) their theories by employing advances from social sciences, like sociology and psychology? (3) Are these two perspectives contradictory or supplementary? The article is divided into four parts. Firstly, we propose an analytical framework to study inter-organizational relations, secondly we analyze the theories focused on IORs as results of rational choices; thirdly, we move to theories exploring the reasons why IORs are built in a specific way, and then to concepts looking for conditions, methods and key drivers of IORs successful management. In conclusion, we give a brief summary of the main findings together with the limitations and areas open for further investigation of inter-organizational relations.
Keywords: inter-organizational relations theory; transaction costs theory; NEI; resource based view; relational view (search for similar items in EconPapers)
JEL-codes: D01 D02 D03 D23 D85 L21 L22 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: http://EconPapers.repec.org/RePEc:pes:ierequ:v:11:y:2016:i:1:p:159-177
Access Statistics for this article
Equilibrium. Quarterly Journal of Economics and Economic Policy is currently edited by Adam P. Balcerzak
More articles in Equilibrium. Quarterly Journal of Economics and Economic Policy from Institute of Economic Research Contact information at EDIRC.
Series data maintained by Adam P. Balcerzak ().