Relational view

In management, the relational view by Jeffrey H. Dyer and Harbir Singh is a theory for considering networks and dyads of firms as the unit of analysis to explain relational rents, i.e., superior individual firm performance generated within that network/dyad. This view has later been extended by Lavie (2006). In management, the relational view by Jeffrey H. Dyer and Harbir Singh is a theory for considering networks and dyads of firms as the unit of analysis to explain relational rents, i.e., superior individual firm performance generated within that network/dyad. This view has later been extended by Lavie (2006). The relational view supplements existing views. While the industry structure view explains superior returns with a firm's membership in an industry with specific structural characteristics, and the resource-based view explains superior returns with firm heterogeneity, the relational view argues that idiosyncratic interfirm linkages are a source of relational rents.