Chapter

Partnerships as second-order organisations

Niels Åkerstrøm Andersen

in Partnerships

Published by Policy Press

Published in print January 2008 | ISBN: 9781847420268
Published online March 2012 | e-ISBN: 9781447302926 | DOI: http://dx.doi.org/10.1332/policypress/9781847420268.003.0009
Partnerships as second-order organisations

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This chapter explores the relation between contract and organisation associated with partnerships, putting important constitutive conditions at stake. As it is, second-order contracts seem to be able to simultaneously function as a contract and as an organisation. An organisation represents a system for decision making. A contract represents a relation of exchange. Relatively few second-order contracts define an independent management for the partnership with an accompanying organisation, which is to continually pursue the purpose of the second-order contract about the definition of new contractual relations. Thus, second-order contracts represent a rather peculiar figure in relation to the distinction between organisation and contract. This chapter also discusses the benefits of partnerships and the function of such paradoxical hybrids.

Keywords: partnership; contract; organisation; second-order contracts; contractual relations

Chapter.  3505 words.  Illustrated.

Subjects: Organizations

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