6533b82cfe1ef96bd128ebdf
RESEARCH PRODUCT
How the purpose of the inter-firm relationships influences the choice of the governance form: evidence from the machine tool and the pharmaceutical industries
Erica MazzolaGiovanni Perronesubject
Transaction costbusiness.product_categoryRelation (database)Strategy and ManagementCorporate governanceMode (statistics)resource-based viewManagement Science and Operations Researchgovernance mode choiceinter-firm relationshipSettore ING-IND/35 - Ingegneria Economico-GestionaleMachine toolproperty right theoryResource-based viewEconomicsProduction (economics)transac- tion cost theorysurveyMarketingbusinessIndustrial organizationdescription
In today's competitive landscape, the choice of the appropriate mode to govern an inter-firm relationship is a critical factor for companies. In the literature several theoretical strands have examined the impact of the purpose of inter-firm relationships on the forms of governance. Building on a robust literature review on the topic, this study focuses on a specific issue influencing the choice of the form of governance in inter-firm relationships, i.e. the purpose of inter-firm relationships with relation to partner's resources. We gather in a unique framework three typologies of partner's resources, i.e. production, R&D and marketing, and through two empirical analyses in two different Italian industries, machine tool and pharmaceutical, we show how differently these purposes shape the choice of the governance mode.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2013-10-01 |