Learning And Governance In Inter-Firm Relations

Bart Nooteboom

ERIM Report Series Research in Management from Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus University Rotterdam

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: alliances; governance; innovation; inter-organizational relations; organizational learning; theory of the firm; transaction cost economics; trust (search for similar items in EconPapers)
JEL-codes: L14 L2 M M10 (search for similar items in EconPapers)
Date: 2004-01-19
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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https://repub.eur.nl/pub/1122/ERS%202004%20003%20ORG.pdf (application/pdf)

Related works:
Working Paper: Learning and Governance in Inter-Firm Relations (2005)
Working Paper: Learning and Governance in Inter-Firm Relations (2005)
Journal Article: 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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Persistent link: https://EconPapers.repec.org/RePEc:ems:eureri:1122

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