Network Effects and Regulatory Competition: An Introduction to the Expectations and Challenges of Partnership Law Reform

TILEC Discussion Paper No. 2005-028

32 Pages Posted: 22 Oct 2005

See all articles by Erik P. M. Vermeulen

Erik P. M. Vermeulen

Tilburg University - Department of Business Law; Signify (formerly known as Philips Lighting) - Legal Department; Tilburg Law and Economics Center (TILEC); European Corporate Governance Institute (ECGI); Kyushu University - Graduate School of Law

Date Written: October 2005

Abstract

This article examines the theoretical arguments for and against the importance of new partnership-type business forms. Section 1 briefly reviews the history of partnership law reform in Europe. The review of traditional partnership law reveals that the absence of new business forms may be due to status quo bias and network effects. Section 2 turns to the importance of partnership law reform and the introduction of new business forms to a robust economy. Section 3 evaluates whether we can project a pattern of regulatory competition in the business organization law context that could prompt lawmakers to innovate by introducing new partnership-type business forms.

Keywords: Network effects, Regulatory competition

JEL Classification: K20, K22, G38

Suggested Citation

Vermeulen, Erik P.M., Network Effects and Regulatory Competition: An Introduction to the Expectations and Challenges of Partnership Law Reform (October 2005). TILEC Discussion Paper No. 2005-028, Available at SSRN: https://ssrn.com/abstract=821885 or http://dx.doi.org/10.2139/ssrn.821885

Erik P.M. Vermeulen (Contact Author)

Tilburg University - Department of Business Law ( email )

Signify (formerly known as Philips Lighting) - Legal Department ( email )

Amstelplein 2
Amsterdam
Netherlands

Tilburg Law and Economics Center (TILEC)

Warandelaan 2
Tilburg, 5000 LE
Netherlands

European Corporate Governance Institute (ECGI) ( email )

c/o the Royal Academies of Belgium
Rue Ducale 1 Hertogsstraat
1000 Brussels
Belgium

Kyushu University - Graduate School of Law ( email )

6-19-1, Hakozaki, Higashiku
Fukuoka, Fukuoka 812-8581
Japan

Do you have negative results from your research you’d like to share?

Paper statistics

Downloads
221
Abstract Views
1,299
Rank
250,651
PlumX Metrics