Governance and global communities

Richard T. Watson, Marie Claude Boudreau, Martina Greiner, Donald Wynn, Paul T York, Rusen Gul

Research output: Contribution to journalArticle

19 Scopus citations

Abstract

Communities are a new form of organization in which volunteers primarily contribute to the creation of economic value. Building upon transaction cost economics, communities are investigated as a fourth form of governance structure. The concept of transaction benefits is introduced to the governance structure equation and some key variables (individual characteristics and needs, information technology, and national culture and policy) influencing transaction benefits are identified. Within communities, four major forms (restrictive, diffusive, inventive and adaptive) are identified based upon dimensions of responsiveness and transaction benefits. We conclude with a discussion of the relationship between communities and other governance structures.

Original languageEnglish (US)
Pages (from-to)125-142
Number of pages18
JournalJournal of International Management
Volume11
Issue number2 SPEC. ISS.
DOIs
StatePublished - Jan 1 2005
Externally publishedYes

Keywords

  • Global communities
  • Governance
  • Open source
  • Transaction benefits
  • Transaction costs
  • Typology of communities

ASJC Scopus subject areas

  • Business and International Management
  • Finance
  • Strategy and Management

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    Watson, R. T., Boudreau, M. C., Greiner, M., Wynn, D., York, P. T., & Gul, R. (2005). Governance and global communities. Journal of International Management, 11(2 SPEC. ISS.), 125-142. https://doi.org/10.1016/j.intman.2005.03.006