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Contracts as a Facilitator of Resource Evolution

Mouzas, Stefanos and Ford, David (2012) Contracts as a Facilitator of Resource Evolution. Journal of Business Research, 65 (9). pp. 1251-1253. ISSN 0148-2963

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    Abstract

    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 resource leveraging 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.

    Item Type: Article
    Journal or Publication Title: Journal of Business Research
    Uncontrolled Keywords: Resource ; leverage ; contract ; knowledge
    Subjects: H Social Sciences > HF Commerce
    Departments: Lancaster University Management School > Marketing
    ID Code: 51438
    Deposited By: ep_importer_pure
    Deposited On: 24 Nov 2011 14:03
    Refereed?: Yes
    Published?: Published
    Last Modified: 09 Apr 2014 22:52
    Identification Number:
    URI: http://eprints.lancs.ac.uk/id/eprint/51438

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