Abstract
The present paper focuses on collaboration as a source of hybridization of the market in the case of business model innovation. The basic argument is that while hybridization economizes on transaction costs, it also gives rise to transaction costs. In effect, transaction costs appears as a dialectical phenomenon. The argument is illustrated by a narrative of a case of radical business model innovation. The narrative shows how collaborators economize on transaction costs by developing a mutual understanding and shared interpretation of business model innovation, but at the same time gives rise to transaction costs elsewhere in the ecosystem to which the collaborators belong.
Translated title of the contribution | Strategisk samarbejde om business model innovation: En transaktionsomkostningstilgang |
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Original language | English |
Publication date | 2016 |
Number of pages | 27 |
Publication status | Published - 2016 |
Event | European Academy of Management (EURAM): Manageable cooperation? - Paris, France Duration: 1 Jun 2016 → 4 Jun 2016 |
Conference
Conference | European Academy of Management (EURAM) |
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Country/Territory | France |
City | Paris |
Period | 01/06/2016 → 04/06/2016 |
Keywords
- Strategic collaboration
- Business model innovation
- Port evolution