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POLYCENTRIC GOVERNANCE AND THE ROLE OF HYBRID ORGANIZATIONS

Wei Zhang
Published 19 February 2025
Vol. 12, No. 3 (2024)
pp. 37-57
CC BY 4.0
  1. 1
    Wei Zhang
    Associate Professor, Ph.D. School of Public Administration and Policy Renmin University of China Beijing 100872, China
    CN

This study delves into the realm of economic organizations by exploring the dynamic relationship between hierarchy, market, and networks. It examines the contention that these three prototypes—hierarchy, market, and network—give rise to diverse organizational forms, including hybrid organizations. Drawing on seminal work by Williamson, Olson, Simon, and various scholars, this research aims to uncover the reasons for the coexistence of these organizational forms and their contribution to public benefit. It underscores that the amalgamation of hierarchy, market, and network features plays a pivotal role in shaping modern economic organizations. Additionally, this study advocates the utilization of discrete structural analysis to understand the intricate mechanisms behind the formation of diverse organizations and the relative advantages they offer in terms of transaction costs.

JournalPublic Policy and Administration Studies Journal
ISSN3065-0631
Volume / IssueVol. 12, No. 3 (2024)
Pages37-57
Published19 February 2025
DOI10.5281/zenodo.14892509
Access Open Access
LicenseCC BY 4.0 — reuse with attribution
PublisherKeith Publications
Zhang, W. (2025). POLYCENTRIC GOVERNANCE AND THE ROLE OF HYBRID ORGANIZATIONS. Public Policy and Administration Studies Journal, Vol. 12 No. 3, pp. 37-57. DOI: https://doi.org/10.5281/zenodo.14892509

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