Governance and global communities

Richard T. Watson, Marie-Claude Boudreau, Martina Greiner, Donald Wynn, Paul York and Rusen Gul

Journal of International Management, 2005, vol. 11, issue 2, 125-142

Abstract: Communities are a new form of organization in which volunteers primarily contribute to the creation of economic value. Building upon transaction cost economics, communities are investigated as a fourth form of governance structure. The concept of transaction benefits is introduced to the governance structure equation and some key variables (individual characteristics and needs, information technology, and national culture and policy) influencing transaction benefits are identified. Within communities, four major forms (restrictive, diffusive, inventive and adaptive) are identified based upon dimensions of responsiveness and transaction benefits. We conclude with a discussion of the relationship between communities and other governance structures.

Keywords: Governance; Global; communities; Transaction; costs; Transaction; benefits; Open; source; Typology; of; communities (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (3)

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