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Cited by 553 publications
(762 citation statements)
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“…Under such conditions, collaboration partners may seek to take advantage and act opportunistically to appropriate the benefits of the collaboration (Williamson, 1993). High levels of trust, on the other hand, help to reduce the fears that one of the partners will act opportunistically (Bradbach and Eccles, 1989). Trust allows the partners involved in the exchange to be confident that their collaborator will treat them fairly and in a consistent way, and will help to resolve any problems that may arise jointly.…”
Section: Conflicts Over Ip and University Administrationmentioning
confidence: 99%
“…Under such conditions, collaboration partners may seek to take advantage and act opportunistically to appropriate the benefits of the collaboration (Williamson, 1993). High levels of trust, on the other hand, help to reduce the fears that one of the partners will act opportunistically (Bradbach and Eccles, 1989). Trust allows the partners involved in the exchange to be confident that their collaborator will treat them fairly and in a consistent way, and will help to resolve any problems that may arise jointly.…”
Section: Conflicts Over Ip and University Administrationmentioning
confidence: 99%
“…Research suggests that both trust (that relies on the ethical and moral values of the business partners) and LOC apply to inter-firm transaction relationship (Bradach and Eccles 1989;Barney and Hansen 1994). Thus, Adler (2001), by expanding the logic of transaction cost economics as developed by Williamson (1988), introduces trust as a mechanism for behavioural coordination in exchange relationships that has equal importance to hierarchical control [such as contracts and other formal tools á la Williamson (1988)].…”
Section: Research Questionsmentioning
confidence: 99%
“…As an example of the latter, 'governance by trust' is an informal control mechanism which enhances the effectiveness of transactions whether they take place in markets or w ithin a hierarchy (Smitka 199 1). This conceptualization introduces the possibility that trust may complement, rather than substitute for, hierarchy or market (Bradach andEccles 1989, Srnitka 1992). However, unlike equity holding or long-term written contracts, interorganizational trust as a form of governance remains ill-defined because it is less tangible and more informal.…”
Section: Introduci'ion and Review Of Literaturementioning
confidence: 99%