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Opportunism, organizational economics and the network approach


  • Foss, Nicolai J.
  • Koch, Carsten A.


This article discusses the concept of opportunism, familiar from Williamsonian transaction cost economics, and its role in business studies. Various arguments for the importance and centrality of the concept are presented. The transaction cost framework is compared to the Swedish network approach. Specifically, opportunistic behavior seems to be implicitly present in the claims of network theory. The overall conclusion is that many network arguments are not in substantial conflict with transaction cost economics. And by joining forces, the approaches may provide a more comprehensive and dynamic theory of economic relationships. A number of new arguments are brought to bear on these issues.

Suggested Citation

  • Foss, Nicolai J. & Koch, Carsten A., 1996. "Opportunism, organizational economics and the network approach," Scandinavian Journal of Management, Elsevier, vol. 12(2), pages 189-205, June.
  • Handle: RePEc:eee:scaman:v:12:y:1996:i:2:p:189-205

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    Cited by:

    1. Peter Maskell & Harald Bathelt & Anders Malmberg, 2005. "Building Global Knowledge Pipelines The Role of Temporary Clusters," DRUID Working Papers 05-20, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.


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