Applying complexity theory to explain partner cooperation: The role of transaction cost-related factors and elements of relational exchanges
| Autor: | Benshan Shi, Xia Yang, Jinjie Xue, Shaokai Lu |
|---|---|
| Rok vydání: | 2017 |
| Předmět: |
Marketing
Related factors Transaction cost Public Administration Qualitative comparative analysis 05 social sciences Joint venture Microeconomics Commerce Social exchange theory Management of Technology and Innovation 0502 economics and business Goodwill 050211 marketing Business Business and International Management Database transaction Competence (human resources) 050203 business & management |
| Zdroj: | Canadian Journal of Administrative Sciences / Revue Canadienne des Sciences de l'Administration. 35:488-500 |
| ISSN: | 0825-0383 |
| Popis: | Using complexity theory, we seek to better understand the configurations of causal factors stimulating joint ventures' cooperation in Chinese manufacturing context. To this end, we adopt two dominant perspectives of transaction cost economics and relational exchange theory to identify transaction cost-related factors and elements of relational exchanges as critical factors in joint ventures' cooperation. We apply fuzzy-set qualitative comparative analysis on a sample of 268 joint venture partners to test research propositions. The findings indicate a need for competence trust and goodwill trust and also show that extorting rent cost should be emphasized. Results reveal those six configurations of causal factors that explain high intention to cooperate. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|
Plný text