Governing Interorganizational Relationships: Balancing Formal Governance Mechanisms and Trust

Management RevueBand 17 Nr. 1, Januar 2006

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Governing Interorganizational Relationships: Balancing Formal Governance Mechanisms and Trust

Alliances allow firms to "pool imperfectly tradable resources in order to gain greater efficiency in the use of existing resources as well as opportunities to create new resources" (Dussauge/Garrette/Mitchell 2000: 207). Not surprisingly, firms often engage in interorganizational relationships as a means of solving complex problems. Indeed, the formation rate of interorganizational relationships has increased dramatically in recent years. Accompanying the increasing number of relationships has been a dramatic increase in their variety and the means by which they are gove...

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