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Transaction, interaction, institutionalization: Toward a dynamic theory of hybrid governance

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  • Noorderhaven, Niels G.

Abstract

Intensive long-term customer-supplier relations, or hybrids, are becoming a prevalent feature of more and more industrial markets. Received transaction cost economics and the interaction approach developed in the context of the International Marketing and Purchasing projects give different (arguably: complementary) accounts of the mechanisms underlying hybrids and the factors leading to their formation. A model integrating elements of both approaches is developed. The model is dynamic in that it consists in propositions regarding the occurrence of shifts from one form of governance to another.

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  • Noorderhaven, Niels G., 1995. "Transaction, interaction, institutionalization: Toward a dynamic theory of hybrid governance," Scandinavian Journal of Management, Elsevier, vol. 11(1), pages 43-55, March.
    • Handle: RePEc:eee:scaman:v:11:y:1995:i:1:p:43-55
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    Cited by:

    1. Ellegaard, Chris & Medlin, Christopher J., 2018. "Finding good relationships – intended and realized relational governance of international fine wine exchanges," Journal of World Business, Elsevier, vol. 53(6), pages 794-805.
    2. Niels Noorderhaven & Bart Nooteboom & Hans Berger, 1998. "Determinants of Perceived Interfirm Dependence in Industrial Supplier Relations," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 2(3), pages 213-232, September.
    3. Noorderhaven, N.G. & Nooteboom, B. & Berger, H., 1995. "Exploring determinants of perceived interfirm dependence in industrial supplier relations," Discussion Paper 1995-115, Tilburg University, Center for Economic Research.
    4. Heribert Gierl, 2000. "Opportunismus in langfristigen Geschäftsbeziehungen," Schmalenbach Journal of Business Research, Springer, vol. 52(2), pages 107-140, March.
    5. Dick Ruiter, 2005. "Is Transaction Cost Economics Applicable to Public Governance?," European Journal of Law and Economics, Springer, vol. 20(3), pages 287-303, November.

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