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HYBRID MODES OF ORGANIZATION Alliances, Joint Ventures, Networks, and other 'strange' animals

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  • Claude Ménard

    (CES - Centre d'économie de la Sorbonne - CNRS - Centre National de la Recherche Scientifique - UP1 - Université Panthéon-Sorbonne)

  • Claude Menard

    (CES - Centre d'économie de la Sorbonne - CNRS - Centre National de la Recherche Scientifique - UP1 - Université Panthéon-Sorbonne)

Abstract

The central message conveyed in this chapter is that there is a whole class of economic organizations that contribute substantially to what Coase (1992) called "the institutional structure of production". These arrangements fall neither under pure market relationships nor within ‘firm boundaries'. They have multiplied because they are viewed as efficient in dealing with knowledge-based activities, solving hold-up problems, and reducing contractual hazards. They have properties of their own that deserve theoretical attention and empirical investigation.

Suggested Citation

  • Claude Ménard & Claude Menard, 2013. "HYBRID MODES OF ORGANIZATION Alliances, Joint Ventures, Networks, and other 'strange' animals," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-01315470, HAL.
  • Handle: RePEc:hal:cesptp:hal-01315470
    Note: View the original document on HAL open archive server: https://hal.archives-ouvertes.fr/hal-01315470
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