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The role of trust and power in the institutional regulation of territorial business systems

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  • Bachmann, Reinhard

    (Groningen University)

Abstract

This paper discusses the role of trust and power in organizational relationships. In its theoretical part it draws on conceptual ideas of Systems Theory, Structuration Theory and New Institutionalism. The empirical part investigates the English and the German speaking business regions within Europe as two distinct environments which in different ways shape the quality of organizational relationships. Depending the characteristics of these business systems, trust and power will be shown to inter-link with each other in quite specific patterns. The final part of the paper considers some conclusions relevant for European innovation policy.

Suggested Citation

  • Bachmann, Reinhard, 2001. "The role of trust and power in the institutional regulation of territorial business systems," Research Report 01G30, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    • Handle: RePEc:gro:rugsom:01g30
    as

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    File URL: http://irs.ub.rug.nl/ppn/228125413
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    References listed on IDEAS

    as
    1. Brian J. Loasby, 1994. "Organisational Capabilities And Interfirm Relations," Metroeconomica, Wiley Blackwell, vol. 45(3), pages 248-265, October.
    2. Arrighetti, Alessandro & Bachmann, Reinhard & Deakin, Simon, 1997. "Contract Law, Social Norms and Inter-firm Cooperation," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 21(2), pages 171-195, March.
    3. Jean-François Hennart, 1991. "The Transaction Costs Theory of Joint Ventures: An Empirical Study of Japanese Subsidiaries in the United States," Management Science, INFORMS, vol. 37(4), pages 483-497, April.
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    Cited by:

    1. Gallego-Bono, Juan R. & Lamanthe, Annie, 2009. "Relations de pouvoir et regulations extra-locales dans l’adaptation des systèmes agroalimentaires au contexte de mondialisation. Une étude de cas France/Espagne," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement (RAEStud), Institut National de la Recherche Agronomique (INRA), vol. 90(2).
    2. Juan R. Gallego-Bono & Annie Lamanthe, 2009. "Relations de pouvoir et regulations extra-locales dans l’adaptation des systèmes agroalimentaires au contexte de mondialisation. Une étude de cas France/Espagne," Review of Agricultural and Environmental Studies - Revue d'Etudes en Agriculture et Environnement, INRA Department of Economics, vol. 90(2), pages 185-213.

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