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Relational Rent and Societal Value Creation

In: Relational Economics

Author

Listed:
  • Josef Wieland

    (Zeppelin University)

Abstract

Relational rents are created in the economy and society as a shared value that has to be distributed. Creating Shared Value (CSV) or Shared Value Creation (SVC) are relevant keywords in a societal discussion on this subject. The extent of achievable relational rents depends on the willingness to cooperate, the ability to cooperate and the resulting opportunities for cooperation of a team or a network of teams. The effectiveness of individual and organisational relational norms play a decisive role in this context. Their discussion, therefore, constitutes a significant part of this chapter, as they are the foundations of a team’s possible cooperation corridor.

Suggested Citation

  • Josef Wieland, 2020. "Relational Rent and Societal Value Creation," Relational Economics and Organization Governance, in: Relational Economics, chapter 0, pages 133-143, Springer.
  • Handle: RePEc:spr:recchp:978-3-030-45112-7_10
    DOI: 10.1007/978-3-030-45112-7_10
    as

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