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2020 | OriginalPaper | Chapter

9. Organisational Cooperation and Rent

Author : Josef Wieland

Published in: Relational Economics

Publisher: Springer International Publishing

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Abstract

Karl Marx was one of the first theorists to recognise and address the connection between organisational cooperation and the cooperation rent achieved in this context. He saw it as immanent to the laws of capital utilisation, whereas Berle and Means placed it in the context of the organisation of corporations. Against this background, a very detailed investigation of relational rents has emerged in recent years, which is derived from the company- and co-specialization of organisational resources. In general, they are the result of the successful relation of idiosyncratic resources and capabilities through efficient governance structures.

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Title: Organisational Cooperation and Rent
Author: Josef Wieland
Publisher: Springer International Publishing
Book: Relational Economics
Print ISBN: 978-3-030-45111-0

Electronic ISBN: 978-3-030-45112-7

Copyright Year: 2020
DOI: https://doi.org/10.1007/978-3-030-45112-7_9