
Contents
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Introduction Introduction
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Discipline‐based Views of Contract Discipline‐based Views of Contract
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Sociology‐based Perspectives of Contract Sociology‐based Perspectives of Contract
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Psychology‐based Perspectives of Contract Psychology‐based Perspectives of Contract
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Economic‐based Perspectives of Contract Economic‐based Perspectives of Contract
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Management‐based Perspectives of Contract Management‐based Perspectives of Contract
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Formal (Contractual) versus Informal (Trust) Governance of IOEs Formal (Contractual) versus Informal (Trust) Governance of IOEs
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The Substance of Contracts The Substance of Contracts
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Learning to Contract Learning to Contract
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Contracts and their Breach Contracts and their Breach
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Legal Perspective of Contract Legal Perspective of Contract
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Concluding Remarks Concluding Remarks
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References References
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19 Theories of Contract and their use in Studying Inter‐organizational Relations: Sociological, Psychological, Economic, Management, and Legal
Get accessPeter Smith Ring has been a faculty member at Loyola Marymount University since 1990, and Professor of Strategic Management since 1994. Previously, he was an Associate Professor on the faculty at the Carlson School of Management, University of Minnesota. Professor Ring has been engaged in the study of cooperative inter-organizational relationships since 1984. His research focuses on networks and strategic alliances, the processes for managing strategic alliances, the role of trust in inter-organizational relationships, and public sector-private sector collaboration. The results of this research have been published in a number of leading journals as well as in a number of chapters in research monographs. Professor Ring has been a Fulbright Scholar at Nanyang Business School, Republic of Singapore and a visiting research scholar and/or visiting professor at a wide range of leading international universities.
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Published:02 September 2009
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Abstract
This article discusses the ways in which the law of contract has been used and might be useful in understanding inter-organizational relations (IORs). In virtually all instances, when the representatives of two or more organizations conclude that their organizations will collaboratively work together towards some set of common and individual ends, they have to reach an agreement. In much of the social science literature dealing with IORs, scholars appear to be assuming that these agreements are ‘contracts’. In discussing the construct of a contract, this article begins by exploring how this concept has been addressed in the social sciences. The focus here is on sociology, psychology, economics, and management. This article concludes with a discussion of an agenda for future research on the subject of contracts in both the social sciences and in the law as it relates to IORs and inter-organizational entities.
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