Hybrid Modes of Organization. Alliances, Joint Ventures, Networks, and Other 'Strange' Animals

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Date

2012

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HAL SHS (Sciences de l’Homme et de la Société)

Collection

Archives ouvertes

Organisation

Centre pour la communication scientifique directe

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info:eu-repo/semantics/OpenAccess

Mots-clés En Und

Hybrids Alliances Joint Ventures organization theory transaction costs incomplete contracts D - Microeconomics L - Industrial Organization

Sujets proches En

Ventures, Joint Adventures, Joint Joint adventures Joint undertakings Alliances--Law and legislation Treaties of alliance

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Claude Ménard, « Hybrid Modes of Organization. Alliances, Joint Ventures, Networks, and Other 'Strange' Animals », HAL SHS (Sciences de l’Homme et de la Société), ID : 10670/1.3e7bed...

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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.

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