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Transaction, interaction, institutionalization: Toward a dynamic theory of hybrid governance

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  • Noorderhaven, Niels G.
Abstract
Intensive long-term customer-supplier relations, or hybrids, are becoming a prevalent feature of more and more industrial markets. Received transaction cost economics and the interaction approach developed in the context of the International Marketing and Purchasing projects give different (arguably: complementary) accounts of the mechanisms underlying hybrids and the factors leading to their formation. A model integrating elements of both approaches is developed. The model is dynamic in that it consists in propositions regarding the occurrence of shifts from one form of governance to another.

Suggested Citation

  • Noorderhaven, Niels G., 1995. "Transaction, interaction, institutionalization: Toward a dynamic theory of hybrid governance," Scandinavian Journal of Management, Elsevier, vol. 11(1), pages 43-55, March.
  • Handle: RePEc:eee:scaman:v:11:y:1995:i:1:p:43-55
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    Cited by:

    1. Ellegaard, Chris & Medlin, Christopher J., 2018. "Finding good relationships – intended and realized relational governance of international fine wine exchanges," Journal of World Business, Elsevier, vol. 53(6), pages 794-805.
    2. Niels Noorderhaven & Bart Nooteboom & Hans Berger, 1998. "Determinants of Perceived Interfirm Dependence in Industrial Supplier Relations," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 2(3), pages 213-232, September.
    3. Noorderhaven, N.G. & Nooteboom, B. & Berger, H., 1995. "Exploring determinants of perceived interfirm dependence in industrial supplier relations," Discussion Paper 1995-115, Tilburg University, Center for Economic Research.
    4. Heribert Gierl, 2000. "Opportunismus in langfristigen Geschäftsbeziehungen," Schmalenbach Journal of Business Research, Springer, vol. 52(2), pages 107-140, March.
    5. Dick Ruiter, 2005. "Is Transaction Cost Economics Applicable to Public Governance?," European Journal of Law and Economics, Springer, vol. 20(3), pages 287-303, November.

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