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This paper criticizes the received distinction between complete and incomplete contracts, and argues that the nature of 'firm-like organization' cannot be understood within the frame of contingent contracting, neither complete nor incomplete. It proposes that 'firm-like' contracts are a...
Persistent link: https://www.econbiz.de/10014050641
The design of a proper formalization of economic relationships, through contractual and non-contractual documents, and its interaction with informal governance, is a re-emerging issue in organization theory. In fact it is of considerable importance in an era of increasing uncertainty and risk,...
Persistent link: https://www.econbiz.de/10014166654
This paper analyzes contracts (in particular as applied in inter-firm alliances) in highly innovative settings as organizational documents, thereby contributing in understanding the link between the organization of inter-firm relations and an increasingly important dimension of competitiveness,...
Persistent link: https://www.econbiz.de/10014026143
Persistent link: https://www.econbiz.de/10003955242
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