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 paper 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. The theory of governance used incorporates learning and trust. The paper identifies two kinds of relational risk: hold-up and spillover. For the governance of relations, i.e. the control of relational risk, it develops a box of instruments which includes trust, next to instruments derived and adapted from TCE. These instruments are geared to problems that are specific to learning in interaction between firms. They also include additional roles for go-betweens.

Keywords: inter-organizational learning; transaction cost economics; trust (search for similar items in EconPapers)
JEL-codes: M M10 (search for similar items in EconPapers)
Date: 2001-01-17
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https://repub.eur.nl/pub/145/erimrs20020117172204.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 (2004)
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