Hybrid Modes of Organization. Alliances, Joint Ventures, Networks, and Other 'Strange' Animals

Claude Menard

Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) from HAL

Abstract: The central message conveyed in this chapter is that there is a whole class of economic organizations that contribute substantially to what Coase (1992) called "the institutional structure of production". These arrangements fall neither under pure market relationships nor within 'firm boundaries'. They have multiplied because they are viewed as efficient in dealing with knowledge-based activities, solving hold-up problems, and reducing contractual hazards. They have properties of their own that deserve theoretical attention and empirical investigation.

Keywords: Hybrids; Alliances; Joint Ventures; organization theory; transaction costs; incomplete contracts (search for similar items in EconPapers)
Date: 2012
Note: View the original document on HAL open archive server: https://shs.hal.science/halshs-00624291
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Published in Robert Gibbons et John Roberts. The Handbook of Organizational Economics, Princeton University Press, pp.1066-1108, 2012

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Related works:
Working Paper: HYBRID MODES OF ORGANIZATION Alliances, Joint Ventures, Networks, and other 'strange' animals (2013)
Working Paper: HYBRID MODES OF ORGANIZATION Alliances, Joint Ventures, Networks, and other 'strange' animals (2013)
Working Paper: Hybrid Modes of Organization. Alliances, Joint Ventures, Networks, and Other 'Strange' Animals (2012)
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