Learning and governance in inter-firm relations
AbstractThis 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 gobetweens.Some references to empirical evidence are included.
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Bibliographic InfoPaper provided by Tilburg University in its series Open Access publications from Tilburg University with number urn:nbn:nl:ui:12-146336.
Date of creation: 2004
Date of revision:
Publication status: Published in Revue d'Economie Politique (2004) v.114, p.55-76
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Web page: http://www.tilburguniversity.edu/
Other versions of this item:
- Nooteboom, B., 2005. "Learning and Governance in Inter-Firm Relations," Discussion Paper 2005-38, Tilburg University, Center for Economic Research.
- Nooteboom, B., 2001. "Learning and Governance in Inter-Firm Relations," ERIM Report Series Research in Management ERS-2001-71-ORG, 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 Uni.
- Nooteboom, B., 2004. "Learning And Governance In Inter-Firm Relations," ERIM Report Series Research in Management ERS-2004-003-ORG, 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 Uni.
- L14 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Transactional Relationships; Contracts and Reputation
- L2 - Industrial Organization - - Firm Objectives, Organization, and Behavior
- M - Business Administration and Business Economics; Marketing; Accounting
- M10 - Business Administration and Business Economics; Marketing; Accounting - - Business Administration - - - General
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Wuyts, Stefan & Colombo, Massimo G. & Dutta, Shantanu & Nooteboom, Bart, 2005.
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