Full Description
This book explores how economic and social values are created through dynamic, non-linear interactions within cooperative networks. Emphasizing the importance of relations and networks in value creation, the book discusses critical issues such as the relational nature of the firm, relational management and leadership as well as relational philosophy. This includes topics such as network models, stakeholder management, relational contracts, cooperative economics as well as philosophical questions related to relational ontology, epistemology and methodology, inter alia.
Written by leading scholars, the contributions highlight the need for new business models and governance mechanisms that integrate resources across different economic and social systems, advocating for a relational approach to economic theory. In turn, the book argues for a network-based, integrative view of businesses, suggesting that economic success is increasingly dependent on the ability to navigate and foster complex relationships within a globalized context.
Rich in theoretical and empirical insights, this book is essential reading for academics, policymakers, and business leaders interested in the future of economic thought and practice. It provides a comprehensive overview of the relational paradigm. The book is an invitation to join the conversation on how relational perspectives can transform our understanding of economics, governance, and organizational dynamics.
Contents
Chapter 1. Introduction The Relational View on Economics 2023 - Challenges to a New Paradigm (Jacob Dahl Rendtorff).- Part I. Relational Nature of the Firm.- Chaper 2. Dynamic Network Models in Relational Theory of the Firm (Josef Wieland).- Chaper 3. A Relational View on Organization Ontology - Insights from Methodological Relationism, Process Philosophy,and Critical Realism (Jessica Geraldo Schwengber).- Chapter 4. The Nature of the Firm as Corporate Actor. Relational Economics and the Challenges of Legal Personhood (Marc Hübscher).- Part II. Relational Management and Leadership.- Chapter 5. Stakeholder Management and Relational Economics (Jacob Dahl Rendtorff).- Chapter 6. Cooperative Economics and Management and Abolitionist Relationality (Jerome Warren).- Chapter 7. Understanding Barriers to Relational Contracting: Exploring Challenges and Solutions (Tim Cummins).- Chapter 8. Leadership as a Temporal Abstraction: A Conceptual Reflection (Willem Fourie).- Part III. Relational Philosophy.- Chapter 9. Relational Process Atomism. Epistemological and Methodological Considerations on the Metaphysics of Transactions (Michael Schramm).- Chapter 10. A Dynamic Relational Ontology and Its Implications for Epistemology (Gil Santos).- Chapter 11. Relational and Transactional Rationality in Chinese Thought and Social Practice (Matthias Niedenführ).
