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A Knowledge-Based View of Inter-Firm Interlock Coordination

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Part of the Relational Economics and Organization Governance book series (REOG)

Abstract

In this chapter, we firstly focus on the topic of our work, which is grounded in the knowledge-based view of the firm and inter-firm relationships. Still in the introductory part, we clarify what is out of our scope and then, having set some boundaries, we outline the four research fields that do converge to build our research object. Right after, we briefly introduce them in the four following sections. Then, we shortly comment some of the papers, which help to understand board interlocks as forms of coordination enabling knowledge creation/sharing/transfer between organizations: this is what we call the knowledge-based view of inter-firm interlock coordination. Next, we introduce the reader not only to the issue of interlocking directorates, but also to that of shared managers across companies’ departments and that of hybrid manager–director coordination roles: two phenomena substantially neglected so far, but indeed constituting fundamental means of operative and strategic coordination that accompany or often substitute board interlocks. Finally, we briefly address to the antitrust literature and the standard economics view of board interlocks.

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Fig. 2.1

Notes

  1. 1.

    Though a bit dated, to summarize the state of the art see Mizrouchi (1996) and, more recently, Carroll & Sapinski (2011) and Simoni & Caiazza (2012).

  2. 2.

    However, to keep the analysis synthetic and reduce complexity, we have aggregated neighbors into sectors, not industries.

  3. 3.

    Others, like von Krogh & Roos (1996), von Krogh et al. (1998) and Magalhaes & Sanchez (2009) grounded that distinction on autopoiesis theory and the constructivist philosophy of science.

  4. 4.

    On the Aerospace Industry, there is a vast literature accumulated especially during last 20 years. For recent reviews, see Biggiero & Angelini (2015, 2016), Biggiero & Magnuszewski (2021).

  5. 5.

    Actually, that of “overboarding” is a phenomenon that is very strong and diffused in the networks studied in this book (see next chapter).

  6. 6.

    Indeed, the analyzes of Zona & Richardson require also some further variable to be handled.

  7. 7.

    The main ones are 8 networks: BINT, DINT, HINT, and ALL (its combination) for the EASIN and the extended network, which includes also the neighbors. For most analyzes, we have distinguished also EASINT, which add to EASIN also the companies that are connected only with neighbors and not even with other EASIN companies. See next chapter.

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Biggiero, L., Magnuszewski, R. (2023). A Knowledge-Based View of Inter-Firm Interlock Coordination. In: Inter-firm Networks. Relational Economics and Organization Governance. Springer, Cham. https://doi.org/10.1007/978-3-031-17389-9_2

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