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Author: | Zajac, E.J. Olsen, C.P. |
Title: | From transaction cost to transactional value analysis. Implications for the study of interorganizational strategies |
Journal: | Journal of Management Studies
1993 : JAN, VOL. 30:1, p. 131-145 |
Index terms: | |
Freeterms: | UNTERNEHMENSSTRATEGIE, BETRIEBSVERGLEICH |
Language: | eng |
Abstract: | This article examines interorganizational strategies from a transactional value perspective, which has at least two limitations for analysing interorganizational strategies. The authors propose a transactional value framework for analysing interorganizational strategies that addresses joint value maximization, and the processes by which exchange partners create and claim value. They discuss the implications for the study of interorganizational strategies and for the transaction cost perspective itself. |
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