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Embedding organizational arrangements: towards a general model

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  • MÉNARD, CLAUDE

Abstract

Notwithstanding its major contributions, the ‘Williamsonian’ branch of New Institutional Economics suffers from black holes that recent developments have pinpointed. Rather than taking stock, this paper capitalizes on some of these developments to look ahead. Section 2 provides a reminder of the hard core of transaction cost economics (TCE) with an emphasis on problems that TCE has allowed to identify, particularly the richness of organizational arrangements, an issue that needs further investigation. Section 3 discusses how to better understand the embedment of organizational arrangements in their institutional environment. The concept of ‘meso-institutions’ is introduced as a mean to capture mechanisms providing the needed interface. Section 4 considers another neglected dimension that requires renewed attention: the interactions of organizational arrangements with technologies that partially define their setting. This paper proposes a roadmap to explore this issue, based on an ongoing research developed around the key concept of ‘criticality’. Section 5 concludes.

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  • Ménard, Claude, 2014. "Embedding organizational arrangements: towards a general model," Journal of Institutional Economics, Cambridge University Press, vol. 10(4), pages 567-589, December.
    • Handle: RePEc:cup:jinsec:v:10:y:2014:i:04:p:567-589_00
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    2. Claude Ménard, 2016. "Ronald H. Coase and the economics of network infrastructures," Chapters, in: Claude Ménard & Elodie Bertrand (ed.), The Elgar Companion to Ronald H. Coase, chapter 14, pages 187-202, Edward Elgar Publishing.
    3. Evangelia Vasilarou & Michel Zouboulakis, 2023. "Institutionalist impact upon the efficiency of public finance policy. A theoretical approach," Economics Bulletin, AccessEcon, vol. 43(3), pages 1338-1355.
    4. Stefano Ciliberti & Gaetano Martino & Angelo Frascarelli & Gabriele Chiodini, 2019. "Contractual arrangements in the Italian durum wheat supply chain: The impacts of the "Fondo grano duro"," Economia agro-alimentare, FrancoAngeli Editore, vol. 21(2), pages 235-254.
    5. Tolstoguzov, Oleg & Belykh, Anastasia, 2022. "Modeling the interface between the social geosystem and the environment," MPRA Paper 113164, University Library of Munich, Germany.
    6. Gaetano Martino & Daniela Toccaceli & Alessandro Pacciani & Michela Ascani, 2019. "The Interbranch organizations in the cap reform: Institutional nature, opportunities and limits," Economia agro-alimentare, FrancoAngeli Editore, vol. 21(2), pages 315-334.
    7. Maria Angela Perito & Marcello De Rosa & Luca Bartoli & Emilio Chiodo & Giuseppe Martino, 2017. "Heterogeneous Organizational Arrangements in Agrifood Chains: A Governance Value Analysis Perspective on the Sheep and Goat Meat Sector of Italy," Agriculture, MDPI, vol. 7(6), pages 1-16, May.
    8. Tolstoguzov, Oleg & Belykh, Anastasia, 2021. "Экономика Природо- И Землепользования В Контексте Карбоновой Повестки [Economics of nature and land use in the context of the carbon agenda]," MPRA Paper 115215, University Library of Munich, Germany.

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