The governance of design alliances in embedded settings: Evidence from the Italian design-intensive furnishings industry

Antonio Capaldo

Risultato della ricerca: Contributo in libroContributo a convegno

Abstract

Recent dialogue between economics and sociology has led management scholars to acknowledge that economic action is embedded in both dyadic relationships ( relational embeddedness ) and more intricate structures of relationships ( structural embeddedness ). However, we still know too little about how social networks affect the governance of economic activity. In this respect, several scholars conceptualize the network as a distinct organizational form. This is in sharp contrast with standard Transaction Costs Economics (TCE), wherein market and hierarchy are the only two pure organizational forms, with their own coordination mechanisms, while networks are hybrid forms , based on intermediate mechanisms. The present paper tries to overcome the TCE logic under several respects. In particular, it is aimed at contributing to the debate on the governance of economic activity (Coase, 1937 in Economica; Williamson, 1991 in ASQ; Uzzi, 1997 in ASQ) by shedding light on the coordination mechanisms that characterize network governance (i.e., social mechanisms). Indeed, while an extensive body of research has investigated a number of social mechanisms individually, we still lack a thorough understanding of these mechanisms, of their structural and relational antecedents, and of how they interact with each other over time to coordinate economic exchange.
Lingua originaleEnglish
Titolo della pubblicazione ospite2008 Design Management Institute Academic Conference
Pagine1-16
Numero di pagine16
Stato di pubblicazionePubblicato - 2008
EventoDesign Management Institute (DMI) Academic Conference - ESSEC Business School, Paris
Durata: 14 apr 200815 apr 2008

Convegno

ConvegnoDesign Management Institute (DMI) Academic Conference
CittàESSEC Business School, Paris
Periodo14/4/0815/4/08

Keywords

  • Coordination mechanisms
  • Embeddedness
  • Governance of economic activity
  • Personal relationships
  • Reciprocity
  • Reputation
  • Social mechanisms
  • Transaction Costs Economics
  • Trust

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