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 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.
Creation-Date: 2001-01-17
File-URL: https://repub.eur.nl/pub/145/erimrs20020117172204.pdf
File-Format: application/pdf
Series: RePEc:ems:eureri
Number: ERS-2001-71-ORG
Classification-JEL: M, M10
Keywords: inter-organizational learning, transaction cost economics, trust
Handle: RePEc:ems:eureri:145