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This article connects theory of learning with theory of governance, in the context of inter-firm relations. It … relational risk are identified: hold-up and spillover risk. For the governance of relations, i.e. the control of relational risk …
Persistent link: https://www.econbiz.de/10010731384
There is a tendency to see trust and control by formal agreements as substitutes. According to transaction cost economics trust is unreliable, and some form of control is needed to reduce hazards of opportunism. According to others, high trust allows for a limited extent of formal control....
Persistent link: https://www.econbiz.de/10010731433
alternative perspective on the purpose and boundaries of the firm. However, the competence view cannot ignore issues of governance … contribute to the development of theory and empirical research that connects governance and competence perspectives. …
Persistent link: https://www.econbiz.de/10010837592