Polycentric Governance of Privately Owned Resources in Circular Economy Systems

Tutkimustuotos: Artikkeli kirjassa/konferenssijulkaisussavertaisarvioitu

Standard

Polycentric Governance of Privately Owned Resources in Circular Economy Systems. / Patala, Samuli; Albareda, Laura; Halme, Minna.

2018. Abstraktin lähde: Academy of Management Annual Meeting, Chicago, Yhdysvallat.

Tutkimustuotos: Artikkeli kirjassa/konferenssijulkaisussavertaisarvioitu

Harvard

Patala, S, Albareda, L & Halme, M 2018, 'Polycentric Governance of Privately Owned Resources in Circular Economy Systems', Academy of Management Annual Meeting, Chicago, Yhdysvallat, 10/08/2018 - 14/08/2018. https://doi.org/10.5465/AMBPP.2018.155

APA

Patala, S., Albareda, L., & Halme, M. (2018). Polycentric Governance of Privately Owned Resources in Circular Economy Systems. Abstraktin lähde: Academy of Management Annual Meeting, Chicago, Yhdysvallat. https://doi.org/10.5465/AMBPP.2018.155

Vancouver

Patala S, Albareda L, Halme M. Polycentric Governance of Privately Owned Resources in Circular Economy Systems. 2018. Abstraktin lähde: Academy of Management Annual Meeting, Chicago, Yhdysvallat. https://doi.org/10.5465/AMBPP.2018.155

Author

Patala, Samuli ; Albareda, Laura ; Halme, Minna. / Polycentric Governance of Privately Owned Resources in Circular Economy Systems. Abstraktin lähde: Academy of Management Annual Meeting, Chicago, Yhdysvallat.

Bibtex - Lataa

@conference{490d060fca5a4b90b7584b570add5c8f,
title = "Polycentric Governance of Privately Owned Resources in Circular Economy Systems",
abstract = "We present an empirical study of three circular economy systems in Finland, the United States, and Spain. On this basis we elaborate a new theory for polycentric governance of privately owned resources, expanding on Ostrom’s (2014) traditional analysis of the governance of common-pool resources. Our focus is to explore how polycentric governance emerges through mechanisms of collective action with businesses, public sector and societal actors. The empirical findings suggest that polycentric governance emerges to address challenges arising from information asymmetries and scale inefficiencies in insular systems with multiple independent governance units. It unfolds through processes of mutual adjustment and the building of mechanisms for collective agency, which lead to gradual hybridization. This leads to new, hybrid governance arrangements and more broadly-based ownership of resources. Our findings make important contributions to the literature on system-level governance for sustainability, hybrid organization, and the resource-based view of the firm. We conclude by discussing how the theory of polycentric governance can advance development of circular economy in systems composed of privately-owned resources.",
author = "Samuli Patala and Laura Albareda and Minna Halme",
year = "2018",
month = "8",
day = "14",
doi = "10.5465/AMBPP.2018.155",
language = "English",
note = "Academy of Management Annual Meeting : Improving Lives, AOM ; Conference date: 10-08-2018 Through 14-08-2018",

}

RIS - Lataa

TY - CONF

T1 - Polycentric Governance of Privately Owned Resources in Circular Economy Systems

AU - Patala, Samuli

AU - Albareda, Laura

AU - Halme, Minna

PY - 2018/8/14

Y1 - 2018/8/14

N2 - We present an empirical study of three circular economy systems in Finland, the United States, and Spain. On this basis we elaborate a new theory for polycentric governance of privately owned resources, expanding on Ostrom’s (2014) traditional analysis of the governance of common-pool resources. Our focus is to explore how polycentric governance emerges through mechanisms of collective action with businesses, public sector and societal actors. The empirical findings suggest that polycentric governance emerges to address challenges arising from information asymmetries and scale inefficiencies in insular systems with multiple independent governance units. It unfolds through processes of mutual adjustment and the building of mechanisms for collective agency, which lead to gradual hybridization. This leads to new, hybrid governance arrangements and more broadly-based ownership of resources. Our findings make important contributions to the literature on system-level governance for sustainability, hybrid organization, and the resource-based view of the firm. We conclude by discussing how the theory of polycentric governance can advance development of circular economy in systems composed of privately-owned resources.

AB - We present an empirical study of three circular economy systems in Finland, the United States, and Spain. On this basis we elaborate a new theory for polycentric governance of privately owned resources, expanding on Ostrom’s (2014) traditional analysis of the governance of common-pool resources. Our focus is to explore how polycentric governance emerges through mechanisms of collective action with businesses, public sector and societal actors. The empirical findings suggest that polycentric governance emerges to address challenges arising from information asymmetries and scale inefficiencies in insular systems with multiple independent governance units. It unfolds through processes of mutual adjustment and the building of mechanisms for collective agency, which lead to gradual hybridization. This leads to new, hybrid governance arrangements and more broadly-based ownership of resources. Our findings make important contributions to the literature on system-level governance for sustainability, hybrid organization, and the resource-based view of the firm. We conclude by discussing how the theory of polycentric governance can advance development of circular economy in systems composed of privately-owned resources.

U2 - 10.5465/AMBPP.2018.155

DO - 10.5465/AMBPP.2018.155

M3 - Abstract

ER -

ID: 28583619