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Governance
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Network governance is "interfirm coordination that is characterized by organic or informal social system, in contrast to bureaucratic structures within firms and formal relationships between them.[1] The concepts of privatization, public private partnership, and contracting are defined in this context." Network governance constitutes a "distinct form of coordinating economic activity" (Powell, 1990:301) which contrasts and competes with markets and hierarchies.[2]
^Jones, Candace; Hesterly, William S.; Borgatti, Stephen P. (October 1997). "A general theory of network governance: exchange conditions and social mechanisms". Academy of Management Review. 22 (4): 911–945. doi:10.5465/AMR.1997.9711022109. JSTOR 259249. S2CID 1446183.
^Cite error: The named reference Dedeurwaerdere, 2007 was invoked but never defined (see the help page).
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