Governance and Competence

27 Pages Posted: 19 Feb 2003

See all articles by Bart Nooteboom

Bart Nooteboom

Tilburg University - Tilburg University School of Economics and Management

Date Written: December 2002 3,

Abstract

Transaction cost economics faces serious problems concerning the way it deals, or fails to deal, with bounded rationality, the efficiency of outcomes, trust, innovation, learning and the nature of knowledge. The competence view yields an alternative perspective on the purpose and boundaries of the firm. However, the competence view cannot ignore issues of governance, and in spite of serious criticism, transaction cost economics yields useful concepts to deal with it. This article aims to contribute to the development of theory and empirical research that connects governance and competence perspectives.

Keywords: inter-organizational relations, inter-firm alliances, learning, organization, governance

JEL Classification: M, M10, L2

Suggested Citation

Nooteboom, Bart, Governance and Competence (December 2002 3,). Available at SSRN: https://ssrn.com/abstract=370976

Bart Nooteboom (Contact Author)

Tilburg University - Tilburg University School of Economics and Management ( email )

P.O. Box 90153
Tilburg, 5000 LE
Netherlands

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