Exploring the development of heterogeneous contracting capabilities : the role of organizational design
(2024) In Strategic Organization p.1-43- Abstract
- Previous research on learning to contract and contracting capabilities suggests that firms in interorganizational relationships adopt contractual designs that economize on transaction costs, and over time learn to govern their relationships in a more efficient manner by incrementally aligning contractual terms with transaction attributes based on new experiences made in their relationships. We augment the learning to contract literature by highlighting the role of organizational design as a factor that may impact contractual learning and the development of heterogeneous contracting capabilities. Specifically, we suggest that the level of specialization and structural integration across the firm’s technical, commercial, and legal functions... (More)
- Previous research on learning to contract and contracting capabilities suggests that firms in interorganizational relationships adopt contractual designs that economize on transaction costs, and over time learn to govern their relationships in a more efficient manner by incrementally aligning contractual terms with transaction attributes based on new experiences made in their relationships. We augment the learning to contract literature by highlighting the role of organizational design as a factor that may impact contractual learning and the development of heterogeneous contracting capabilities. Specifically, we suggest that the level of specialization and structural integration across the firm’s technical, commercial, and legal functions may affect the effectiveness of contractual learning and the type of learning likely to occur. We also outline boundary conditions for our model in terms of potential interactions between the contractual environment, organizational design, and contractual learning. (Less)
Please use this url to cite or link to this publication:
https://lup.lub.lu.se/record/80814086-0b3b-4e18-8f05-efaf276d8a85
- author
- Hallberg, Niklas Lars LU
- organization
- publishing date
- 2024
- type
- Contribution to journal
- publication status
- in press
- subject
- keywords
- Contracting Capabilities; Learning to Contract; Organizational Design; Organizational Learning; Transaction Cost Economics
- in
- Strategic Organization
- pages
- 43 pages
- publisher
- SAGE Publications
- ISSN
- 1476-1270
- DOI
- 10.1177/14761270241244998
- project
- Asymmetric Contracting Capabilities: The Economic and Organizational Impact of Firms’ Learning to Contract
- language
- English
- LU publication?
- yes
- id
- 80814086-0b3b-4e18-8f05-efaf276d8a85
- alternative location
- https://journals.sagepub.com/doi/10.1177/14761270241244998
- date added to LUP
- 2024-03-15 09:22:49
- date last changed
- 2024-03-28 14:18:56
@article{80814086-0b3b-4e18-8f05-efaf276d8a85, abstract = {{Previous research on learning to contract and contracting capabilities suggests that firms in interorganizational relationships adopt contractual designs that economize on transaction costs, and over time learn to govern their relationships in a more efficient manner by incrementally aligning contractual terms with transaction attributes based on new experiences made in their relationships. We augment the learning to contract literature by highlighting the role of organizational design as a factor that may impact contractual learning and the development of heterogeneous contracting capabilities. Specifically, we suggest that the level of specialization and structural integration across the firm’s technical, commercial, and legal functions may affect the effectiveness of contractual learning and the type of learning likely to occur. We also outline boundary conditions for our model in terms of potential interactions between the contractual environment, organizational design, and contractual learning.}}, author = {{Hallberg, Niklas Lars}}, issn = {{1476-1270}}, keywords = {{Contracting Capabilities; Learning to Contract; Organizational Design; Organizational Learning; Transaction Cost Economics}}, language = {{eng}}, pages = {{1--43}}, publisher = {{SAGE Publications}}, series = {{Strategic Organization}}, title = {{Exploring the development of heterogeneous contracting capabilities : the role of organizational design}}, url = {{http://dx.doi.org/10.1177/14761270241244998}}, doi = {{10.1177/14761270241244998}}, year = {{2024}}, }