This paper introduces an extended definition of service networks. The service network definition, which can be used for classifying service networks, comprises two parts: the service network declaration and the service network specification. The service network specification consists of the...

Based on my recent work with several co-authors this paper explores the relationship between discretion, reputation, competition and entry in procurement markets. I focus especially on public procurement, which is highly regulated for accountability and trade reasons. In Europe regulation...

This paper examines management contracts as a paradigm for the application of relational contracts theory and especially of the theory of contractual and relational norms. This theory, deriving from Macauley's implications, but structured and analysed by I.R. MacNeil gives us a framework for the...

While clique-embeddedness is generally considered to enhance firm performance, there are also reasons to expect that under conditions of technological turbulence clique-membership is less beneficial or might even become a liability. To address this, we study the innovative performance of clique...

Diese Arbeit befasst sich mit der Erklaerung strategischer Wettbewerbsvorteile unter besonderer Betrachtung der europaeischen Automobilwirtschaft. Im Unterschied zu einer herkoemmlichen unternehmenszentrierten strategischen Analyse fokussiert die Untersuchung ganzheitliche...

Of the variety of relations established between firms, this paper analyses networking structures and organizations in order to determine whether these new links between firms help to create value for their shareholders. Event methodology is applied to a sample of 467 announcements of strategic...

This paper considers the role of equity transfer to strategic alliance partners in mitigating the moral-hazard problem that occurs if a participating firm faces some possibility of reallocating a part of the resources devoted to the joint project of the strategic alliance or retreating from the...

Among different concepts associated with the term blockchain, smart contracts have been a prominent one, especially popularized by the Ethereum platform. In this study, we unpack this concept within the framework of Transaction Cost Economics (TCE). This institutional economics theory emphasizes...

Evidence that an input or platform is indispensable is sometimes required to establish an abuse of a dominant position under Article 102 TFEU; the circumstances in which this condition is required are not clear.A systematic analysis of the case law suggests that indispensability is required...

The increased attention to blockchain-related technologies has brought into focus ``smart" contacts, whose key feature is the automated algorithmic execution based on mapping states of the world to corresponding contractual actions. Smart contracts require digital inputs that determine when such...