Learning and Governance in Inter-Firm Relations

B. Nooteboom

Research output: Working paperDiscussion paperOther research output

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This article connects theory of learning with theory of governance, in the context of inter-firm relations.It recognizes fundamental criticism of transaction cost economics (TCE), but preserves elements from that theory.Two kinds of relational risk are identified: hold-up and spillover risk.For the governance of relations, i.e. the control of relational risk, the article presents a set of instruments that includes trust, next to instruments adopted and adapted from TCE.It also includes roles for gobetweens.Some references to empirical evidence are included.
Original languageEnglish
Place of PublicationTilburg
Number of pages19
Publication statusPublished - 2005

Publication series

NameCentER Discussion Paper


  • Inter-firm alliances
  • learning
  • transaction costs
  • governance


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