Learning and governance in inter-firm relations

Bart Nooteboom

Revue d'économie politique, 2004, vol. 114, issue 1, 55-76

Abstract: This article connects theory of learning with theory of governance, in the context of inter-firm relations. It recognizes fundamental criticism of transaction cost economics (TCE), but preserves elements from that theory. Two kinds of relational risk are identified: hold-up and spillover risk. For the governance of relations, i.e. the control of relational risk, the article presents a set of instruments that includes trust, next to instruments adopted and adapted from TCE. It also includes roles for go-betweens. Some references to empirical evidence are included.

Keywords: theory of learning; theory of governance; inter-firm relations (search for similar items in EconPapers)
Date: 2004
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Citations: View citations in EconPapers (2)

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Related works:
Working Paper: Learning and Governance in Inter-Firm Relations (2005)
Working Paper: Learning and Governance in Inter-Firm Relations (2005)
Working Paper: Learning And Governance In Inter-Firm Relations (2004)
Working Paper: Learning and governance in inter-firm relations (2004)
Working Paper: Learning and Governance in Inter-Firm Relations (2001)
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