HYBRID MODES OF ORGANIZATION Alliances, Joint Ventures, Networks, and other 'strange' animals

Claude Ménard (1)

1 CES - Centre d'économie de la Sorbonne

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.

Mots clés: organization theory; hybrid arrangements; transaction cost; relational contracts; typology

Domaines: Economies et finances

Claude Ménard. HYBRID MODES OF ORGANIZATION Alliances, Joint Ventures, Networks, and other 'strange' animals. Robert Gibbons, John Roberts. The Handbook of Organizational Economics, Princeton University Press, pp.902-941, 2013, 9781400845354. ⟨hal-01315470⟩