Effect of Formal Contracts, Relational Norms and Trust on Performance of Joint Research and Development Projects
Abstract
This paper examines the effect of governance mechanisms – formal contracts, relational norms and trust – on the performance of exploration and exploitation joint research and development (R&D) projects. While the authors acknowledge the need for a twofold approach, transactional and relational, to understand the interfirm exchange governance, the joint action of formal contracts and relational governance has been caught between the complementary...
Paper Details
Title
Effect of Formal Contracts, Relational Norms and Trust on Performance of Joint Research and Development Projects
Published Date
Nov 8, 2011
Volume
23
Issue
4
Pages
575 - 588
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