Template-Type: ReDIF-Paper 1.0
Author-Name: Nooteboom, B.
Author-Name-Last: Nooteboom
Author-Name-First: Bart
Author-Person: pno58
Title: Learning And Governance In Inter-Firm Relations
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.
Creation-Date: 2004-01-19
File-URL: https://repub.eur.nl/pub/1122/ERS%202004%20003%20ORG.pdf
File-Format: application/pdf
Series: RePEc:ems:eureri
Number: ERS-2004-003-ORG
Classification-JEL: L14, L2, M, M10
Keywords: alliances, governance, innovation, inter-organizational relations, organizational learning, theory of the firm, transaction cost economics, trust
Handle: RePEc:ems:eureri:1122