This section utilizes transaction-cost economics to
provide a comparative framework for assessing alternative
governance forms (Williamson, 1994). As organizations
assume various forms of governance structure
depending on specific attributes of transactions, it is
important to assess various forms transaction specific
characteristics. Various dimensions of transaction-cost
economics are examined to derive conditions under
which networks are the most efficient form of governance
schemes. This involves findings factors that influence
the form of governance.