The Governance Structure of Transactions in Enterprise Clusters : the Case of Bicycle Industry in Rural China

概要

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Based on the field investigation of bicycle enterprise cluster in Wang Qingtuo, this paper points out that the institutional bases for transactions and contracting are linlage games. And it is the bilateral linkage games that make transactions among enterprises in the cluster in the form of relational contracts. Meanwhile, the building of different economic domains and the intervention of the third party further improve the governance structure of enterprise cluster. In this paper, we argue that the cluster's early rapid development did rely on the embeddedness of economic domains and social exchange domains. However, because of the fact that traditional village norms still have some deficiencies of the pre-market economy, TVE clusters may advance through theintroductio of the third parties.
九州大学の論文