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Dietz, Thomas
Nieswandt, Holger
Year of Publication: 
Series/Report no.: 
TranState Working Papers No. 49
Drawing on Niklas Luhmann's theory of social systems, we analyse the importance of different styles of expectation (cognitive and normative) for global research and development. In our study, we find that contrary to Luhmann's prediction in 1971, the normative expectation style still plays a vital role for the cooperative deals under examination. The second result of our study is that non-state mechanismus such as reputation, resource-dependency and trust are highly important for the stabilization of normative expectations in global business transactions. The role of the state-based legal system is reduced to stabilizing few, albeit crucial, normative expectations.
Document Type: 
Working Paper

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