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Research output: Contribution to Journal/Magazine › Journal article › peer-review
Research output: Contribution to Journal/Magazine › Journal article › peer-review
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TY - JOUR
T1 - Contracts as a Facilitator of Resource Evolution
AU - Mouzas, Stefanos
AU - Ford, David
PY - 2012/9
Y1 - 2012/9
N2 - The formality of contracts is not external to the substance of business interactions, but a way of articulating, facilitating and simplifying the complexity of business interactions. An umbrella contract, in particular, is an abstraction of possibility and a refined version of the substance of business interaction in which resourceleveraging may or may not occur. Umbrella contracts circumscribe an in-built platform or ‘architecture’ that enables regular and repeated knowledge-intensive interactions. Today's business landscape is characterized by the heterogeneity of resources, activities and actors and contracts have become a key element in the interconnected path of resource evolution, activity specialization and actor co-evolution.
AB - The formality of contracts is not external to the substance of business interactions, but a way of articulating, facilitating and simplifying the complexity of business interactions. An umbrella contract, in particular, is an abstraction of possibility and a refined version of the substance of business interaction in which resourceleveraging may or may not occur. Umbrella contracts circumscribe an in-built platform or ‘architecture’ that enables regular and repeated knowledge-intensive interactions. Today's business landscape is characterized by the heterogeneity of resources, activities and actors and contracts have become a key element in the interconnected path of resource evolution, activity specialization and actor co-evolution.
KW - Resource
KW - leverage
KW - contract
KW - knowledge
U2 - 10.1016/j.jbusres.2011.11.002
DO - 10.1016/j.jbusres.2011.11.002
M3 - Journal article
VL - 65
SP - 1251
EP - 1253
JO - Journal of Business Research
JF - Journal of Business Research
SN - 0148-2963
IS - 9
ER -