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Prior Ties, Shared Values and Cooperation in Public–Private Partnerships

Published online by Cambridge University Press:  02 February 2015

Zhe Zhang ,
Difang Wan ,
Ming Jia  and
Lihong Gu
Zhe Zhang
Affiliation:
Xi’an Jiaotong University, China
Difang Wan
Affiliation:
Xi’an Jiaotong University, China
Ming Jia
Affiliation:
Northwestern Polytechnical University, China
Lihong Gu
Affiliation:
Xian-Janssen Pharmaceutical Ltd., China
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Abstract

Based on social exchange theory, we propose and test the mediating role of formal and informal contracts in linking cooperation characteristics of prior ties and shared values among partners to cooperation success in the public—private partnership context. Results from a survey of 244 partners in public—private partnerships in the medical and healthcare fields in China revealed that both formal and informal contracts mediate the relationship between cooperation characteristics and cooperation success. We discuss the theoretical and managerial implications for public-private partnership research and practice with a specific focus on the Chinese context.

Keywords

formal contractinformal contractprior tiesshared valuessocial exchange theory正式契约非正式契约前期联系共同价值观社会交换理论
Type
Articles
Information
Management and Organization Review , Volume 5 , Issue 3 , November 2009 , pp. 353 - 374
Copyright
Copyright © International Association for Chinese Management Research 2009

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