In recent decades, the global aquaculture sector has become more complex and dynamic
due to several factors, such as strong demand at the retail level, diversification of farmed …

The “transaction cost” theory of the firm introduced by Coase (1937) has become a standard
framework for the study of institutional arrangements. The Coasian framework helps explain …

Although there is an ever-increasing discussion on governance in recent project research,
the concept of project governance and its main origins remains ambiguous. In this paper, we …

Firms face two strategic decisions when engaging in a new purchase transaction: the
decision whether to draft a detailed contract and the decision whether to select a partner …

Formal and relational governance mechanisms are used in strategic alliances to coordinate
resources and mitigate the risk of opportunistic behavior. While recent work has shown that …

We compare resource‐based and relational perspectives to examine competitive
advantages within the context of vertical learning alliances. Previous research has shown …

We address independent and joint effects of contractual hazards and technological
capabilities on governance, arguing that strong technological capabilities improve a firm's …

There has been considerable development in a process approach in construction
management research in recent years. However, such work begs the question of how those …

Modern economic theory has long neglected, even ignored, the analysis of the different
modes of organization that characterize a market economy. Notwithstanding the efforts of …

We owe Williamson for the formal introduction of hybrid organizations as essential building
blocks in 'the institutional structure of production'. The analysis of these institutional …