The DOI matches its OpenAlex record; 10 of the 10 references it cites were found in a registry or an index.
A General Theory of Network Governance: Exchange Conditions and Social Mechanisms
Abstract
A phenomenon of the last 20 years has been the rapid rise of the network form of governance. This governance form has received significant scholarly attention, but. to date, no comprehensive theory for it has been advanced, and no sufficiently detailed and theoretically consistent definition has appeared. Our objective in this article is to provide a theory that explains under what conditions network governance, rigorously defined, has comparative advantage and is therefore likely to emerge and thrive. Our theory integrates transaction cost economics and social network theories, and, in broad strokes, asserts that the network form of governance is a response to exchange conditions of asset specificity, demand uncertainty, task complexity, and frequency. These exchange conditions drive firms toward structurally embedding their transactions, which enables firms to use social mechanisms for coordinating and safeguarding exchanges. When all of these conditions are in place, the network governance form has advantages over both hierarchy and market solutions in simultaneously adapting, coordinating, and safeguarding exchanges.
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Cites
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BackgroundWhat Firms Do? Coordination, Identity, and Learning
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Cited by
Amit, R., & Zott, C. (2001) · Strategic Management Journal · doi:10.1002/smj.187 · Cited by 5,564
Modes of Network Governance: Structure, Management, and Effectiveness
Provan, K. G., & Kenis, P. (2007) · Journal of Public Administration Research and Theory · doi:10.1093/jopart/mum015 · Cited by 4,006
How does insertion in global value chains affect upgrading in industrial clusters?
Humphrey, J., & Schmitz, H. (2002) · Regional Studies · doi:10.1080/0034340022000022198 · Cited by 2,584
The Design and Implementation of Cross‐Sector Collaborations: Propositions from the Literature
Bryson, J. M., Crosby, B. C., & Stone, M. M. (2006) · Public Administration Review · doi:10.1111/j.1540-6210.2006.00665.x · Cited by 2,403
Network-based research in entrepreneurship
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Metadata
- Authors
- Jones, C., Hesterly, W. S., & Borgatti, S. P.
- Venue
- Academy of Management Review
- Publisher
- Academy of Management
- Published
- 1997-10
- Volume
- 22
- Issue
- 4
- Pages
- 911
- ISSN
- 0363-7425 (ISSN-L)
- OpenAlex
- W2056239166
- Cited by
- 2,221
- References
- 10
- FWCI
- 42.27
- Type
- journal article
- Language
- en
- Open access
- closed
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
