SpringerLink
Log in

Exchange Hazards and Governance Choices

  • Chapter
  • First Online:
Governing Interorganizational Relationships for Innovation

  • 59 Accesses

Abstract

This chapter explores the challenges of collaborative innovation strategies for firms, focusing on partners’ features and governance choices. The distributed innovation context increases the complexity of cooperation and coordination, posing governance challenges. The analysis considers three levels: the dyad, IORs portfolio, and network, highlighting how governance mechanisms vary in value depending on partner nature, portfolio characteristics, and network structure. Previous research has examined how relational and contractual governance mechanisms interact, affecting performance and exchange hazards in IORs. Exchange hazards, associated with uncertainty and transaction-specific investments, are particularly relevant in collaborative innovation contexts. The conclusion reveals that the value of governance mechanisms differs across levels of analysis, emphasizing the need for firms to develop relational capabilities to explore the complexities of collaborative innovation effectively.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Log in via an institution

Subscribe and save

Springer+ Basic
EUR 32.99 /Month
  • Get 10 units per month
  • Download Article/Chapter or Ebook
  • 1 Unit = 1 Article or 1 Chapter
  • Cancel anytime
Subscribe now

Buy Now

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 29.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 37.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free ship** worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

References

  • Abdi, M., & Aulakh, P. S. (2012). Do country-level institutional frameworks and interfirm governance arrangements substitute or complement in international business relationships? Journal of International Business Studies, 43, 477–497.

    Article  Google Scholar 

  • Abdi, M., & Aulakh, P. S. (2017). Locus of uncertainty and the relationship between contractual and relational governance in cross-border interfirm relationships. Journal of Management, 43(3), 771–803. https://doi.org/10.1177/0149206314541152

    Article  Google Scholar 

  • Achrol, R. S., & Gundlach, G. T. (1999). Legal and social safeguards against opportunism in exchange. Journal of Retailing, 75(1), 107–124.

    Article  Google Scholar 

  • Adler, P. S., Benner, M., Brunner, D. J., MacDuffie, J. P., Osono, E., Staats, B. R., Takeuchi, H., Tushman, M., & Winter, S. G. (2009). Perspectives on the productivity dilemma. Journal of Operations Management, 27(2), 99–113.

    Article  Google Scholar 

  • Ahuja, G. (2000). Collaboration networks, structural holes, and innovation: A longitudinal study. Administrative Science Quarterly, 45(3), 425–455. https://doi.org/10.2307/2667105

    Article  Google Scholar 

  • Ahuja, G., Polidoro, F., & Mitchell, W. (2009). Structural homophily or social asymmetry? The formation of alliances by poorly embedded firms. Strategic Management Journal, 30(9), 941–958.

    Article  Google Scholar 

  • Albers, S., Wohlgezogen, F., & Zajac, E. J. (2016). Strategic alliance structures: An organization design perspective. Journal of Management, 42(3), 582–614.

    Article  Google Scholar 

  • Anderson, E., & Weitz, B. (1989). Determinants of continuity in conventional industrial channel dyads. Marketing Science, 8(4), 310–323.

    Article  Google Scholar 

  • Anderson, J. C., Håkansson, H., & Johanson, J. (1994). Dyadic business relationships within a business network context. Journal of Marketing, 58(4), 1–15.

    Article  Google Scholar 

  • Anderson, J. C., & Narus, J. A. (1984). A model of the distributor’s perspective of distributor-manufacturer working relationships. Journal of Marketing, 48(4), 62–74.

    Article  Google Scholar 

  • Azadegan, A. (2011). Benefiting from supplier operational innovativeness: The influence of supplier evaluations and absorptive capacity. Journal of Supply Chain Management, 47(2), 49–64.

    Article  Google Scholar 

  • Bae, J., & Gargiulo, M. (2004). Partner substitutability, alliance network structure, and firm profitability in the telecommunications industry. Academy of Management Journal, 47(6), 843–859. https://doi.org/10.5465/20159626

    Article  Google Scholar 

  • Baum, J. A. C., Calabrese, T., & Silverman, B. S. (2000). Don't go it alone: Alliance network composition and startups’ performance in Canadian biotechnology. Strategic Management Journal, 21(3), 267–294. http://www.jstor.org/stable/3094188

  • Becattini, G. (1990). The Marshallian industrial district as a socio-economic notion. In F. Pyke, G. Becattini, & W. Sengenberger (Eds.), Industrial districts and inter-firm co-operation in Italy (pp. 37–51). International Institute for Labor Studies.

    Google Scholar 

  • Brusco, S. (1999). The rules of the game in industrial districts. In A. Grandori (Ed.), Interfirm networks: Organization and industrial competitiveness (pp. 17–40). Routledge.

    Google Scholar 

  • Burkert, M., Ivens, B. S., & Shan, J. (2012). Governance mechanisms in domestic and international buyer–supplier relationships: An empirical study. Industrial Marketing Management, 41(3), 544–556. https://doi.org/10.1016/j.indmarman.2011.06.019

  • Burt, R. S. (1992). Structural holes: The social structure of competition. Harvard University Press.

    Google Scholar 

  • Burt, R. S. (1997). The contingent value of social capital. Administrative Science Quarterly, 42(2), 339–365. https://doi.org/10.2307/2393923

    Article  Google Scholar 

  • Burt, R. S. (2000). The network structure of social capital. Research in Organizational Behavior, 22, 345–423.

    Article  Google Scholar 

  • Burt, R. S. (2004). Structural holes and good ideas. American Journal of Sociology, 110(2), 349–399. https://doi.org/10.1086/421787

    Article  Google Scholar 

  • Burt, R. S. (2009). Structural holes: The social structure of competition. Harvard University Press.

    Google Scholar 

  • Burt, R. S. (2017). Structural holes versus network closure as social capital. In Social capital (pp. 31–56). Routdledge.

    Google Scholar 

  • Cai, S., Jun, M., & Yang, Z. (2010). Implementing supply chain information integration in China: The role of institutional forces and trust. Journal of Operations Management, 28(3), 257–268. https://doi.org/10.1016/j.jom.2009.11.005

  • Cannon, J. P., Achrol, R. S., & Gundlach, G. T. (2000). Contracts, norms, and plural form governance. Journal of the Academy of Marketing Science, 28(2), 180. https://doi.org/10.1177/0092070300282001

    Article  Google Scholar 

  • Cao, Z., & Lumineau, F. (2015). Revisiting the interplay between contractual and relational governance: A qualitative and meta-analytic investigation. Journal of Operations Management, 33, 15–42.

    Article  Google Scholar 

  • Choi, T. Y., Dooley, K. J., & Rungtusanatham, M. (2001). Supply networks and complex adaptive systems: Control versus emergence. Journal of Operations Management, 19(3), 351–366.

    Article  Google Scholar 

  • Claycomb, C., & Frankwick, G. L. (2004). A contingency perspective of communication, conflict resolution and buyer search effort in buyer-supplier relationships. Journal of Supply Chain Management, 40(4), 18–34.

    Article  Google Scholar 

  • Coleman, J. S. (1988). Social capital in the creation of human capital. American Journal of Sociology, 94, 95–120.

    Article  Google Scholar 

  • Crook, T. R., & Combs, J. G. (2007). Sources and consequences of bargaining power in supply chains. Journal of Operations Management, 25(2), 546–555.

    Article  Google Scholar 

  • Dahl, R. A. (2005). Who governs?: Democracy and power in an American city. Yale University Press.

    Google Scholar 

  • Dore, R. (1983). Goodwill and the spirit of market capitalism. The British Journal of Sociology, 34(4), 459–482. http://www.jstor.org/stable/590932

  • Doz, Y. L., & Hamel, G. (1998). Alliance advantage: The art of creating value through partnering. Harvard Business Press.

    Google Scholar 

  • Dyer, J. H. (1997). Effective interim collaboration: How firms minimize transaction costs and maximise transaction value. Strategic Management Journal, 18(7), 535–556. https://doi.org/10.1002/(SICI)1097-0266(199708)18:7%3c535::AID-SMJ885%3e3.0.CO;2-Z

    Article  Google Scholar 

  • Dyer, J. H. (2000). Collaborative advantage: Winning through extended enterprise supply networks. Oxford University Press.

    Google Scholar 

  • Dyer, J. H., & Nobeoka, K. (2000). Creating and managing a high-performance knowledge-sharing network: The Toyota case. Strategic Management Journal, 21(3), 345–367.

    Article  Google Scholar 

  • Dyer, J. H., & Singh, H. (1998). The relational view: Cooperative strategy and sources of interorganizational competitive advantage. The Academy of Management Review, 23(4), 660–679. http://www.jstor.org/stable/259056

  • Eckerd, S., Handley, S., & Lumineau, F. (2021). Trust violations in buyer-supplier relationships: Spillovers and the contingent role of governance structures. Journal of Supply Chain Management, n/a(n/a). https://doi.org/10.1111/jscm.12270

  • Emerson, R. M. (1981). Social exchange theory. In M. Rosenberg & R. H. Turner (Eds.), Social psychology: Sociological perspectives. Transaction Publishers.

    Google Scholar 

  • Esper, T. L., Ellinger, A. E., Stank, T. P., Flint, D. J., & Moon, M. (2010). Demand and supply integration: A conceptual framework of value creation through knowledge management. Journal of the Academy of Marketing Science, 38, 5–18.

    Article  Google Scholar 

  • Farrell, H., & Knight, J. (2003). Trust, institutions, and institutional change: Industrial districts and the social capital hypothesis. Politics & Society, 31(4), 537–566. https://doi.org/10.1177/0032329203256954

    Article  Google Scholar 

  • Fryxell, G. E., Dooley, R. S., & Vryza, M. (2002). After the ink dries: The interaction of trust and control in US-based international joint ventures. Journal of Management Studies, 39(6), 865–886.

    Article  Google Scholar 

  • Gargiulo, M., & Benassi, M. (2000). Trapped in your own net? Network cohesion, structural holes, and the adaptation of social capital. Organization Science, 11(2), 183–196. https://doi.org/10.2307/2640283

    Article  Google Scholar 

  • George, G., Zahra, S. A., Wheatley, K. K., & Khan, R. (2001). The effects of alliance portfolio characteristics and absorptive capacity on performance: A study of biotechnology firms. The Journal of High Technology Management Research, 12(2), 205–226. https://doi.org/10.1016/S1047-8310(01)00037-2

  • Gilson, R. J., Sabel, C. F., & Scott, R. E. (2009). Contracting for innovation: Vertical disintegration and interfirm collaboration. Columbia Law Review, 109(3), 431–502.

    Google Scholar 

  • Graebner, M. E., Lumineau, F., & Fudge Kamal, D. (2020). Unrequited: Asymmetry in interorganizational trust. Strategic Organization, 18(2), 362–374.

    Article  Google Scholar 

  • Granovetter, M. (1973). The strength of weak ties. American Journal of Sociology, 78(6), 1360–1380. http://www.jstor.org/stable/2776392

  • Granovetter, M. (1983). The strength of weak ties: A network theory revisited. Sociological Theory, 1, 201–233.

    Article  Google Scholar 

  • Granovetter, M. (1985). Economic action and social structure: The problem of embeddedness. American Journal of Sociology, 91(3), 481–510.

    Article  Google Scholar 

  • Granovetter, M. (1992). Economic institutions as social constructions: A framework for analysis. Acta Sociologica, 35(1), 3–11. http://www.jstor.org/stable/4194749

  • Granovetter, M. (2017). Society and economy: Framework and principles. Harvard University Press.

    Google Scholar 

  • Gulati, R. (1995). Social structure and alliance formation patterns: A longitudinal analysis. Administrative Science Quarterly, 40(4), 619–652. http://www.jstor.org/stable/2393756

  • Gulati, R. (1998). Alliances and networks. Strategic Management Journal, 19(4), 293–317.

    Article  Google Scholar 

  • Gulati, R. (1999). Network location and learning: The influence of network resources and firm capabilities on alliance formation. Strategic Management Journal, 20(5), 397–420.

    Article  Google Scholar 

  • Gulati, R., & Gargiulo, M. (1999). Where do interorganizational networks come from? American Journal of Sociology, 104(5), 1439–1493. https://doi.org/10.1086/210179

    Article  Google Scholar 

  • Gulati, R., Lavie, D., & Madhavan, R. (2011). How do networks matter? The performance effects of interorganizational networks. Research in Organizational Behavior, 31, 207–224. https://doi.org/10.1016/j.riob.2011.09.005

  • Gulati, R., & Sytch, M. (2007). Dependence asymmetry and joint dependence in interorganizational relationships: Effects of embeddedness on a manufacturer’s performance in procurement relationships. Administrative Science Quarterly, 52(1), 32–69.

    Article  Google Scholar 

  • Gulati, R., & Zajac, E. J. (1998). Commentary on'alliances and networks’ by R. Gulati. Strategic Management Journal, 319–321.

    Google Scholar 

  • Gupta, A., & Misra, L. (2000). The value of experiential learning by organizations: Evidence from international joint ventures. Journal of Financial Research, 23(1), 77–102.

    Article  Google Scholar 

  • Gupta, A. K., Smith, K. G., & Shalley, C. E. (2006). The interplay between exploration and exploitation. Academy of Management Journal, 49(4), 693–706.

    Article  Google Scholar 

  • Hausman, A., & Johnston, W. J. (2010). The impact of coercive and non-coercive forms of influence on trust, commitment, and compliance in supply chains. Industrial Marketing Management, 39(3), 519–526.

    Article  Google Scholar 

  • Heide, J. B., & John, G. (1990). Alliances in industrial purchasing: The determinants of joint action in buyer-supplier relationships. Journal of Marketing Research, 27(1), 24–36. https://doi.org/10.1177/002224379002700103

    Article  Google Scholar 

  • Helper, S., MacDuffie, J., & Sabel, C. F. (2000). Pragmatic collaborations: Advancing knowledge while controlling opportunism. Industrial and Corporate Change, 9(3), 443–488.

    Article  Google Scholar 

  • Hingley, M. K. (2005). Power to all our friends? Living with imbalance in supplier–retailer relationships. Industrial Marketing Management, 34(8), 848–858.

    Article  Google Scholar 

  • Hoang, H., & Rothaermel, F. T. (2005). The effect of general and partner-specific alliance experience on joint R&D project performance. Academy of Management Journal, 48(2), 332–345.

    Article  Google Scholar 

  • Hoetker, G., & Mellewigt, T. (2009). Choice and performance of governance mechanisms: Matching alliance governance to asset type. Strategic Management Journal, 30(10), 1025–1044. https://doi.org/10.1002/smj.775

  • Hoffmann, W. H. (2007). Strategies for managing a portfolio of alliances. Strategic Management Journal, 28(8), 827–856. https://doi.org/10.1002/smj.607

  • Howard, M., Roehrich, J. K., Lewis, M. A., & Squire, B. (2019). Converging and diverging governance mechanisms: The role of (dys)function in long-term inter-organizational relationships. British Journal of Management, 30(3), 624–644. https://doi.org/10.1111/1467-8551.12254

  • Hult, G. T. M., Ketchen, D. J., & Arrfelt, M. (2007). Strategic supply chain management: Improving performance through a culture of competitiveness and knowledge development. Strategic Management Journal, 28(10), 1035–1052.

    Article  Google Scholar 

  • Johnsen, R. E., & Ford, D. (2008). Exploring the concept of asymmetry: A typology for analysing customer–supplier relationships. Industrial Marketing Management, 37(4), 471–483. https://doi.org/10.1016/j.indmarman.2007.05.004

  • Keller, A., Lumineau, F., Mellewigt, T., & Ariño, A. (2021). Alliance governance mechanisms in the face of disruption. Organization Science, 32(6), 1542–1570. https://doi.org/10.1287/orsc.2021.1437

    Article  Google Scholar 

  • Kilduff, M., & Tsai, W. (2003). Social networks and organizations. SAGE Publications Ltd. https://doi.org/10.4135/9781849209915

  • Krippner, G. R., Granovetter, M., Block, F., Biggart, N., Beamish, T., Hsing, Y., Hart, G., Arrighi, G., Mendell, M., Hall, J., Burawoy, M., Vogel, S., & O’Rian, S. (2004). Polanyi symposium: A conversation on embeddedness. Socio-Economic Review, 2, 109–135.

    Article  Google Scholar 

  • Kumar, N., Scheer, L. K., & Steenkamp, J.-B.E.M. (1995). The effects of supplier fairness on vulnerable resellers. Journal of Marketing Research, 32(1), 54–65. https://doi.org/10.2307/3152110

    Article  Google Scholar 

  • Lavie, D. (2006). The competitive advantage of interconnected firms: An extension of the resource-based view. The Academy of Management Review, 31(3), 638–658. http://www.jstor.org/stable/20159233

  • Lavie, D. (2007). Alliance portfolios and firm performance: A study of value creation and appropriation in the U.S. software industry. Strategic Management Journal, 28(12), 1187–1212. https://doi.org/10.1002/smj.637

  • Lee, C.-J., & Johnsen, R. E. (2012). Asymmetric customer–supplier relationship development in Taiwanese electronics firms. Industrial Marketing Management, 41(4), 692–705. https://doi.org/10.1016/j.indmarman.2011.09.017

  • Li, Y., **e, E., Teo, H.-H., & Peng, M. W. (2010). Formal control and social control in domestic and international buyer–supplier relationships. Journal of operations management, 28(4), 333–344. https://doi.org/10.1016/j.jom.2009.11.008

  • Lorenzoni, G., & Baden-Fuller, C. (1995). Creating a strategic center to manage a web of partners. California Management Review, 37(3), 146–163.

    Article  Google Scholar 

  • Lumineau, F. (2017). How contracts influence trust and distrust. Journal of Management, 43(5), 1553–1577. https://doi.org/10.1177/0149206314556656

    Article  Google Scholar 

  • Lumineau, F., & Henderson, J. E. (2012). The influence of relational experience and contractual governance on the negotiation strategy in buyer–supplier disputes. Journal of Operations Management, 30(5), 382–395.

    Article  Google Scholar 

  • Lumineau, F., **, J. L., Sheng, S., & Zhou, K. Z. (2022). Asset specificity asymmetry and supplier opportunism in buyer–supplier exchanges. Journal of Business Research, 149, 85–100. https://doi.org/10.1016/j.jbusres.2022.05.011

  • Lumineau, F., & Oliveira, N. (2018). A pluralistic perspective to overcome major blind spots in research on interorganizational relationships. Academy of Management Annals, 12(1), 440–465.

    Article  Google Scholar 

  • Luo, Y. (2005). How important are shared perceptions of procedural justice in cooperative alliances? Academy of Management Journal, 48(4), 695–709.

    Article  Google Scholar 

  • Lyles, M. A., & Lyles, M. A. (1988). Learning among joint-venture sophisticated firms. Management International Review, Special Issue.

    Google Scholar 

  • MacDuffie, J. P., & Helper, S. (1997). Creating lean suppliers: Diffusing lean production through the supply chain. California Management Review, 39(4), 118–151.

    Article  Google Scholar 

  • MacDuffie, J. P., & Helper, S. (2007). Collaboration in supply chains: With and without trust. In C. Heckscher & P. Adler (Eds.), The firm as a collaborative community (pp. 417–466). Oxford University Press.

    Google Scholar 

  • Malhotra, D., & Lumineau, F. (2011). Trust and collaboration in the aftermath of conflict: The effects of contract structure. Academy of Management Journal, 54(5), 981–998.

    Article  Google Scholar 

  • Mayer, K. J., & Argyres, N. S. (2004). Learning to contract: Evidence from the personal computer industry. Organization Science, 15(4), 394–410.

    Article  Google Scholar 

  • Mayer, R. C., Davis, J. H., & Schoorman, F. D. (1995). An integrative model of organizational trust. Academy of Management Review, 20(3), 709–734.

    Article  Google Scholar 

  • Molina-Morales, F. X., & Martinez-Fernandez, M. T. (2006). Industrial districts: Something more than a neighbourhood. Entrepreneurship and Regional Development, 18(November), 503–524.

    Article  Google Scholar 

  • Moran, P. (2005). Structural vs. Relational embeddedness: Social capital and managerial performance. Strategic Management Journal, 26(12), 1129–1151. http://www.jstor.org/stable/20142298

  • Moriarty, R. T., Jr., & Spekman, R. E. (1984). An empirical investigation of the information sources used during the industrial buying process. Journal of Marketing Research, 21(2), 137–147.

    Article  Google Scholar 

  • Noordewier, T. G., John, G., & Nevin, J. R. (1990). Performance outcomes of purchasing arrangements in industrial buyer-vendor relationships. Journal of Marketing, 54(4), 80–93.

    Article  Google Scholar 

  • Nooteboom, B., Berger, H., & Noorderhaven, N. G. (1997). Effects of trust and governance on relational risk. Academy of Management Journal, 40(2), 308–338. https://doi.org/10.2307/256885

    Article  Google Scholar 

  • Nyaga, G. N., Lynch, D. F., Marshall, D., & Ambrose, E. (2013). Power asymmetry, adaptation and collaboration in dyadic relationships involving a powerful partner. Journal of Supply Chain Management, 49(3), 42–65.

    Article  Google Scholar 

  • Oliver, C. (1990). Determinants of interorganizational relationships: Integration and future directions. Academy of Management Review, 15(2), 241–265. https://doi.org/10.5465/amr.1990.4308156

    Article  Google Scholar 

  • Olsen, R. F., & Ellram, L. M. (1997). Buyer-supplier relationships: Alternative research approaches. European Journal of Purchasing & Supply Management, 3(4), 221–231.

    Article  Google Scholar 

  • Oxley, J. E. (1997). Appropriability hazards and governance in strategic alliances: A transaction cost approach. The Journal of Law, Economics, and Organization, 13(2), 387–409.

    Article  Google Scholar 

  • Ozcan, P., & Eisenhardt, K. M. (2009). Origin of alliance portfolios: Entrepreneurs, network strategies, and firm performance [case study]. Academy of Management Journal, 52, 246–279. https://doi.org/10.5465/amj.2009.37308021

    Article  Google Scholar 

  • Park, S. H., & Zhou, D. (2005). Firm heterogeneity and competitive dynamics in alliance formation. Academy of Management Review, 30(3), 531–554.

    Article  Google Scholar 

  • Phelps, C., Heidl, R., & Wadhwa, A. (2012). Knowledge, networks, and knowledge networks: A review and research agenda. Journal of Management, 38(4), 1115–1166. https://doi.org/10.1177/0149206311432640

    Article  Google Scholar 

  • Pilbeam, C., Alvarez, G., & Wilson, H. (2012). The governance of supply networks: A systematic literature review. Supply Chain Management: An International Journal, 17(4), 358–376. https://doi.org/10.1108/13598541211246512

    Article  Google Scholar 

  • Pisano, G. P. (1989). Using equity participation to support exchange: Evidence from the biotechnology industry. The Journal of Law, Economics, and Organization, 5(1), 109–126.

    Google Scholar 

  • Podolny, J. M. (1994). Market uncertainty and the social character of economic exchange. Administrative Science Quarterly, 39(3), 458–483.

    Google Scholar 

  • Polidoro, F., Ahuja, G., & Mitchell, W. (2011). When the social structure overshadows competitive incentives: The effects of network embeddedness on joint venture dissolution. Academy of Management Journal, 54(1), 203–223.

    Article  Google Scholar 

  • Poppo, L., & Zenger, T. (2002). Do formal contracts and relational governance function as substitutes or complements? Strategic Management Journal, 23(8), 707–725. https://doi.org/10.1002/smj.249

    Article  Google Scholar 

  • Powell, W. W., Koput, K. W., & Smith-Doerr, L. (1996). Interorganizational collaboration and the locus of innovation: Networks of learning in biotechnology. Administrative Science Quarterly, 41(1), 116–145. http://www.jstor.org/stable/2393988

  • Prashant, K., & Harbir, S. (2009). Managing strategic alliances: What do we know now, and where do we go from here? Academy of Management Perspectives, 23(3), 45–62. https://doi.org/10.5465/amp.2009.43479263

    Article  Google Scholar 

  • Reuer, J. J., & Ariño, A. (2002). Contractual renegotiations in strategic alliances. Journal of Management, 28(1), 47–68.

    Article  Google Scholar 

  • Rindfleisch, A. (2000). Organizational trust and interfirm cooperation: An examination of horizontal versus vertical alliances. Marketing Letters, 11(1), 81–95. http://www.jstor.org/stable/40216560

  • Rousseau, D. M., Sitkin, S. B., Burt, R. S., & Camerer, C. (1998). Not so different after all: A cross-discipline view of trust. Academy of Management Review, 23(3), 393–404. https://doi.org/10.5465/amr.1998.926617

    Article  Google Scholar 

  • Rowley, T., Behrens, D., & Krackhardt, D. (2000). Redundant governance structures: An analysis of structural and relational embeddedness in the steel and semiconductor industries. Strategic Management Journal, 21(3), 369–386.

    Article  Google Scholar 

  • Sampson, R. C. (2005). Experience effects and collaborative returns in R&D alliances. Strategic Management Journal, 26(11), 1009–1031.

    Article  Google Scholar 

  • Sanders, N. R. (2008). Pattern of information technology use: The impact on buyer–suppler coordination and performance. Journal of Operations Management, 26(3), 349–367. https://doi.org/10.1016/j.jom.2007.07.003

  • Sarkar, M. B., Aulakh, P. S., & Madhok, A. (2009). Process capabilities and value generation in alliance portfolios. Organization Science, 20(3), 583–600. https://doi.org/10.1287/orsc.1080.0390

    Article  Google Scholar 

  • Schilling, M. A., & Phelps, C. C. (2007). Interfirm collaboration networks: The impact of large-scale network structure on firm innovation. Management Science, 53(7), 1113–1126.

    Article  Google Scholar 

  • Shipilov, A., Gulati, R., Kilduff, M., Li, S., & Tsai, W. (2014). Relational pluralism within and between organizations. Academy of Management Journal, 57(2), 449–459. https://doi.org/10.5465/amj.2013.1145

    Article  Google Scholar 

  • Simonin, B. L. (1997). The importance of collaborative know-how: An empirical test of the learning organization. Academy of Management Journal, 40(5), 1150–1174.

    Article  Google Scholar 

  • Srikanth, K., & Puranam, P. (2011). Integrating distributed work: Comparing task design, communication, and tacit coordination mechanisms. Strategic Management Journal, 32(8), 849–875.

    Article  Google Scholar 

  • Stuart, T. E. (2000). Interorganizational alliances and the performance of firms: A study of growth and innovation rates in a high-technology industry. Strategic Management Journal, 21(8), 791–811. http://www.jstor.org/stable/3094397

  • Sytch, M., & Tatarynowicz, A. (2014). Friends and foes: The dynamics of dual social structures. Academy of Management Journal, 57(2), 585–613.

    Article  Google Scholar 

  • Terpend, R., & Ashenbaum, B. (2012). The intersection of power, trust and supplier network size: Implications for supplier performance. Journal of Supply Chain Management, 48(3), 52–77.

    Article  Google Scholar 

  • Todo, Y., Matous, P., & Inoue, H. (2016). The strength of long ties and the weakness of strong ties: Knowledge diffusion through supply chain networks. Research Policy, 45(9), 1890–1906. https://doi.org/10.1016/j.respol.2016.06.008

  • Uzzi, B. (1996). The sources and consequences of embeddedness for the economic performance of organizations: The network effect. American Sociological Review, 61(4), 674–698.

    Google Scholar 

  • Uzzi, B. (1997). Social structure and competition in interfirm networks: The paradox of embeddedness. Administrative Science Quarterly, 42(1), 35–67. http://www.jstor.org/stable/2393808

  • Vassolo, R. S., Anand, J., & Folta, T. B. (2004). Non-additivity in portfolios of exploration activities: A real options-based analysis of equity alliances in biotechnology. Strategic Management Journal, 25(11), 1045–1061.

    Article  Google Scholar 

  • Villena, V. H., Choi, T. Y., & Revilla, E. (2021). Mitigating mechanisms for the dark side of collaborative buyer–supplier relationships: A mixed-method study. Journal of Supply Chain Management, n/a(n/a). https://doi.org/10.1111/jscm.12239

  • Villena, V. H., & Craighead, C. W. (2017). On the same page? How asymmetric buyer–supplier relationships affect opportunism and performance. Production and Operations Management, 26(3), 491–508. https://doi.org/10.1111/poms.12648

  • Villena, V. H., Revilla, E., & Choi, T. Y. (2011). The dark side of buyer–supplier relationships: A social capital perspective. Journal of Operations Management, 29(6), 561–576. https://doi.org/10.1016/j.jom.2010.09.001

  • von Hippel, E. (1988). The sources of innovation. Oxford University Press.

    Google Scholar 

  • Wagner, S. M., & Bode, C. (2014). Supplier relationship-specific investments and the role of safeguards for supplier innovation sharing. Journal of Operations Management, 32(3), 65–78. https://doi.org/10.1016/j.jom.2013.11.001

  • Wassmer, U. (2010). Alliance portfolios: A review and research agenda. Journal of Management, 36(1), 141–171. https://doi.org/10.1177/0149206308328484

    Article  Google Scholar 

  • Weber, L., & Mayer, K. (2014). Transaction cost economics and the cognitive perspective: Investigating the sources and governance of interpretive uncertainty. Academy of Management Review, 39(3), 344–363. https://doi.org/10.5465/amr.2011.0463

    Article  Google Scholar 

  • Weimann, G. (1980). Conversation networks as communication networks [Abstract of Ph. D. dissertation, University of Haifa].

    Google Scholar 

  • Whitford, J. (2001). The decline of a model? Challenge and response in the Italian industrial districts. Economy and Society, 30(1), 38–65. https://doi.org/10.1080/03085140020019089

    Article  Google Scholar 

  • Whittington, K. B., Owen-Smith, J., & Powell, W. W. (2009). Networks, propinquity, and innovation in knowledge-intensive industries. Administrative Science Quarterly, 54(1), 90–122. https://doi.org/10.2189/asqu.2009.54.1.90

    Article  Google Scholar 

  • Wilhelm, M., & Sydow, J. (2018). Managing coopetition in supplier networks—A paradox perspective. Journal of Supply Chain Management, 54(3), 22–41. https://doi.org/10.1111/jscm.12167

  • Williamson, O. E. (1975). Markets and hierarchies: Analysis and antitrust implications. Free Press.

    Google Scholar 

  • Williamson, O. E. (1979). Transaction-cost economics: The governance of contractual relations. Journal of Law and Economics, 22(2), 29. http://www.jstor.org/stable/725118

  • Williamson, O. E. (1985). The economic institutions of capitalism. Free Press.

    Google Scholar 

  • Williamson, O. E. (1991). Comparative economic organization: The analysis of discrete structural alternatives. Administrative Science Quarterly, 36(2), 269–296. http://www.jstor.org/stable/2393356

  • Williamson, O. E. (1996). The mechanisms of governance. Oxford University Press.

    Book  Google Scholar 

  • Yang, Z., Zhou, C., & Jiang, L. (2011). When do formal control and trust matter? A context-based analysis of the effects on marketing channel relationships in China. Industrial Marketing Management, 40(1), 86–96. https://doi.org/10.1016/j.indmarman.2010.09.013

  • Zaheer, A., McEvily, B., & Perrone, V. (1998). Does trust matter? Exploring the effects of interorganizational and interpersonal trust on performance. Organization Science, 9(2), 141–159. http://www.jstor.org/stable/2640350

  • Zaheer, A., & Venkatraman, N. (1995). Relational governance as an interorganizational strategy: An empirical test of the role of trust in economic exchange. Strategic Management Journal, 16(5), 373–392. https://doi.org/10.1002/smj.4250160504

    Article  Google Scholar 

  • Zhao, H., Luo, Y., & Suh, T. (2004). Transaction cost determinants and ownership-based entry mode choice: A meta-analytical review. Journal of International Business Studies, 35, 524–544.

    Article  Google Scholar 

Download references

Author information

Authors and Affiliations

  1. Warwick Business School, University of Warwick, Coventry, UK

    Stefano Li Pira

  2. Venice School of Management, Università Ca’ Foscari Venezia, Venezia, Venezia, Italy

    Anna Moretti

Authors
  1. Stefano Li Pira
    View author publications

    You can also search for this author in PubMed Google Scholar

  2. Anna Moretti
    View author publications

    You can also search for this author in PubMed Google Scholar

Corresponding author

Correspondence to Stefano Li Pira .

Rights and permissions

Reprints and permissions

Copyright information

© 2024 The Author(s), under exclusive license to Springer Nature Switzerland AG

About this chapter

Check for updates. Verify currency and authenticity via CrossMark

Cite this chapter

Li Pira, S., Moretti, A. (2024). Exchange Hazards and Governance Choices. In: Governing Interorganizational Relationships for Innovation. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-031-50229-3_2

Download citation

Publish with us

Policies and ethics

Search

Navigation