From Contracts to Networks: New Directions in the Study of Governance of Agro‐Food‐Energy Networks

Abstract

The debate about the governance of complex systems of production represents a rich branch of the literature of applied organization theory. The particular application to agro

related networks is a relevant example since agriculture plays new roles in modern society. The core of the analysis is centered in the rationale for allocation of residual decision rights and distribution of the rights regarding the value created. Contributions based in transaction cost economics, resource based view, dynamic competences, and incomplete contract theory explore different dimensions related to the allocation of property rights. (more.....)