Learning And Governance In Inter-Firm Relations
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|
Nooteboom, B.. (2004). Learning And Governance In Inter-Firm Relations (No. ERS-2004-003-ORG). Retrieved from http://hdl.handle.net/1765/1122