This article summarizes and assesses the growing body of empirical research in transaction
cost economics (TCE). Originally an explanation for the scale and scope of the firm, TCE is …

This paper provides a comprehensive review of the empirical literature in transaction cost
economics (TCE) across multiple social science disciplines and business fields. We show …

Schumpeter famously popularized “creative destruction” as the process whereby new
entrants replaced existing firms. In most cases, however, some incumbent firms survive and …

Marketing managers must know the time orientation of a customer to select and use
marketing tools that correspond to the time horizons of the customer. Insufficient …

Exploring the factors that explain the choice of governance structures in interfirm alliances,
this study challenges the use of a singular emphasis on transaction costs. Such an approach …

Transaction cost economics (TCE) is one of the most widely referenced organization
theories in operations and supply chain management research. Even though TCE is a …

Relational exchange arrangements supported by trust are commonly viewed as substitutes
for complex contracts in interorganizational exchanges. Many argue that formal contracts …

Do entrepreneurial opportunities exist, independent of the perceptions of entrepreneurs, just
waiting to be discovered? Or, are these opportunities created by the actions of …

A phenomenon of the last 20 years has been the rapid rise of the network form of
governance. This governance form has received significant scholarly attention, but. to date …

Recent trends in industrial markets indicate that buyers and sellers are increasingly
supplanting conventional “arm's length” arrangements with “alliances” involving closer ties …