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Governance and global communities

Author

Listed:
  • Watson, Richard T.
  • Boudreau, Marie-Claude
  • Greiner, Martina
  • Wynn, Donald
  • York, Paul
  • Gul, Rusen

Abstract

Communities are a new form of organization in which volunteers primarily contribute to the creation of economic value. Building upon transaction cost economics, communities are investigated as a fourth form of governance structure. The concept of transaction benefits is introduced to the governance structure equation and some key variables (individual characteristics and needs, information technology, and national culture and policy) influencing transaction benefits are identified. Within communities, four major forms (restrictive, diffusive, inventive and adaptive) are identified based upon dimensions of responsiveness and transaction benefits. We conclude with a discussion of the relationship between communities and other governance structures.

Suggested Citation

  • Watson, Richard T. & Boudreau, Marie-Claude & Greiner, Martina & Wynn, Donald & York, Paul & Gul, Rusen, 2005. "Governance and global communities," Journal of International Management, Elsevier, vol. 11(2), pages 125-142, June.
  • Handle: RePEc:eee:intman:v:11:y:2005:i:2:p:125-142
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    References listed on IDEAS

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    1. Alchian, Armen A & Demsetz, Harold, 1972. "Production , Information Costs, and Economic Organization," American Economic Review, American Economic Association, pages 777-795.
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    8. Bernard C. Y. Tan & Kwok-Kee Wei & Richard T. Watson & Danial L. Clapper & Ephraim R. McLean, 1998. "Computer-Mediated Communication and Majority Influence: Assessing the Impact in an Individualistic and a Collectivistic Culture," Management Science, INFORMS, pages 1263-1278.
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    Cited by:

    1. Frank, Ulrich & Strecker, Stefan & Koch, Stefan, 2007. ""Open Model" - ein Vorschlag für ein Forschungsprogramm der Wirtschaftsinformatik: Langfassung," ICB Research Reports 8, University Duisburg-Essen, Institute for Computer Science and Business Information Systems (ICB).
    2. Lerner, Jürgen & Kenis, Patrick & Raaij, Denise van & Brandes, Ulrik, 2011. "Will they stay or will they go? How network properties of WebICs predict dropout rates of valuable Wikipedians," European Management Journal, Elsevier, pages 404-413.

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