Title: Analysis on the Hold-up Mechanism in Inter-firm Network and Its Counter Measures
Abstract: In inter-firm networks,the members always attempt to acquire more and more knowledge and capacity from their partners yet try to prevent their partners do like this at the same time,and it becomes a continuous game issue. Opportunism is unavoidable in inter-firm network and hold-up is the most typical case. It is related with asset specialty and how to solve this issue will influence the operation of inter-firm network. Combing with the characteristic of enterprises cooperation in the inter-firm network,this paper conducts a deeply analysis on the generation mechanism,marketing failure and the impact of hold up. It finds that the hold up will decrease the cooperation efficiency and the members should take some measures to prevent it from occurring through designing contract and system. On the basis of the above analysis,it puts forward corresponding countermeasures from the perspective of contact self-restrict,uprightness integration,auto implementation acquiescent contract and so on. We hope this work will provide some reference for the governance of the opportunism in inter-firm network.
Publication Year: 2009
Publication Date: 2009-01-01
Language: en
Type: article
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