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Organisational Cooperation and Rent

In: Relational Economics

Author

Listed:
  • Josef Wieland

    (Zeppelin University)

Abstract

Karl Marx was one of the first theorists to recognise and address the connection between organisational cooperation and the cooperation rent achieved in this context. He saw it as immanent to the laws of capital utilisation, whereas Berle and Means placed it in the context of the organisation of corporations. Against this background, a very detailed investigation of relational rents has emerged in recent years, which is derived from the company- and co-specialization of organisational resources. In general, they are the result of the successful relation of idiosyncratic resources and capabilities through efficient governance structures.

Suggested Citation

  • Josef Wieland, 2020. "Organisational Cooperation and Rent," Relational Economics and Organization Governance, in: Relational Economics, chapter 0, pages 121-132, Springer.
    • Handle: RePEc:spr:recchp:978-3-030-45112-7_9
    DOI: 10.1007/978-3-030-45112-7_9
    as

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