In inter-organizational cooperation scenarios, a substantial body of research in the existing literature has focused on examining how trust influences firm behaviors. For instance, Samant and Zalabak investigate the factors that influence two behavioral strategies—namely, benefit behaviors—and the mechanisms through which trust impacts corporate behaviors [
22]. Within the realm of cooperation, enterprises demonstrate different value aspirations and exhibit two specific types of benefit behaviors [
23]. On the one hand, the private benefit behavior strategy emphasizes firms’ pursuit of value capture and an increase in their share of benefits from cooperation [
24]. Dominated by the private benefit behavior strategy, enterprises continuously enhance their dominance in cooperation by leveraging their own resources, promoting beneficial innovations and market behaviors, and emphasizing the logic of maximizing gains from cooperation [
25]. On the other hand, the common benefit behavior strategy emphasizes value creation, mutual coordination, and co-creation between enterprises and partners [
26]. Under this strategy, companies focus on mobilizing shared resources, enhancing coordination capabilities, fostering innovation and market competitiveness, and realizing mutually beneficial outcomes, thereby emphasizing the logic of creating a larger value proposition [
22].
The private benefits behavior strategy can indeed facilitate the swift conversion of resources into capital, but it also carries the risk of fostering inter-firm competition, which hampers long-term cooperation between companies [
27]. The development of private benefits behavior is contingent upon ensuring the safety and efficiency of the cooperation process. In contrast, the common benefits behavior strategy enables the pooling of enterprise resources, promoting cooperation and innovation among participating entities. However, it can also lead to resource wastage and diminish the overall cooperation performance of the involved companies [
28]. The effectiveness of the common benefits behavior strategy primarily relies on the degree of inter-firm communication and resource integration. Consequently, it is essential to adopt both private and common benefit behavior strategies to ensure the sustainability of corporate cooperation [
4]. Focusing solely on private benefit behavior strategies may trigger inter-firm competition, resulting in cooperation breakdown. Similarly, concentrating solely on common benefit behavior strategies can lead to inefficient cooperation and cooperation breakdown [
29]. Therefore, it is critical to differentiate the influencing factors associated with private and common benefit behavioral strategies in order to guarantee the sustainability of corporate cooperation and achieve optimal efficiency in cooperative endeavors.
Drawing on previous research, scholars have provided explanations for the influence of trust on business behavior from various perspectives. For instance, Ryu, Park, and Min (2007) emphasize that trust, while motivating cooperative behavior in firms, can exhibit distinct action logics [
30]. This manifests in two primary ways. Firstly, scholars argue that trust serves as a mechanism to mitigate opportunistic behaviors in cooperation, reduce friction, enhance efficiency, and create a favorable environment for enterprises to develop and reap their own benefits [
9]. Secondly, scholars contend that trust facilitates inter-firm communication, gradually erodes inter-organizational hierarchical management structures, and promotes cooperation flexibility, which is instrumental in fostering input stimulation and the development of common benefit behaviors [
6]. This study posits that the divergence in research findings is primarily attributable to the treatment of trust as an aggregated construct in previous research, thereby overlooking the differentiated effects of various types of trust on firm behavior [
10].
Trust can be categorized into two types, namely calculative trust and relational trust, depending on the sources from which it originates [
17]. Calculative trust represents enterprises’ forward-looking decision-making logic, where they evaluate and weigh their partners’ reputations, resources, and cooperation contracts to determine their corporate behaviors [
9]. To enhance calculative trust between enterprises, a stable cooperation environment and a high capacity to secure individual benefits play vital roles [
20,
31]. In contrast, relational trust is rooted in the overall quality of relationships that develop over time through interactions. In this case, businesses place greater emphasis on the social attributes of organizational cooperation and rely on their trading partners to exhibit ethical and fair behavior [
16]. Relational trust fosters more conducive conditions for inter-firm communication, effectively enhancing the flexibility of business cooperation and the ability to navigate uncertainties [
32]. However, an excessive focus on the protection of the trading environment by calculative trust can have consequences on the construction of a cooperative community, leading to a lack of maintenance of shared interests among cooperating enterprises [
30]. On the other hand, while relational trust facilitates the “lubricating” effect of social attributes in cooperation, it may weaken the sense of inter-organizational boundaries of interests and potentially engender caution in pursuing private benefits [
10]. By differentiating the attributes of calculative and relational trust, we can delve into the specific effects of these different types of trust on firm behavior, providing a comprehensive understanding of the underlying mechanisms of trust.
2.1. Calculative Trust and Corporate Benefit Behavior
Calculative trust aims to establish favorable trading conditions for firms by regulating behaviors through well-designed contracts and effective reward and punishment systems [
33], thereby fostering positive expectations regarding the reliability and predictability of their trading partners’ conduct [
31]. At its core, calculative trust relies on a rational evaluation of the reward and punishment mechanisms for behaviors in the cooperative process, where the potential high costs associated with breaching trust outweigh the gains derived from opportunistic actions [
11,
32]. Consequently, this reduces the impact of opportunistic behavior and information asymmetry, thus minimizing friction and enhancing cooperation efficiency [
31].
Firstly, calculative trust provides firms with stable cooperation procedures, effectively curbing opportunistic behaviors and monitoring costs resulting from mutual unfamiliarity or information asymmetry between firms [
34]. According to Williamson, individuals consistently strive to protect and maximize their private benefits in economic activities, and information asymmetry and limited human rationality create opportunities for opportunistic behaviors [
20]. Moreover, enterprises lacking cooperation experience and having unfamiliarity with each other face more pronounced information asymmetry, leading to tests of each other’s boundaries to secure maximum benefits [
35]. Consequently, many enterprises consider guarding against opportunistic behaviors a critical task during cooperation, leading to high supervision costs and diminished efficiency of inter-enterprise cooperation synergy [
36]. Under conditions of calculative trust, a stringent and stable cooperation process offers clear guidelines, significantly limiting opportunities for opportunistic behaviors, reducing supervision costs, and providing stable conditions for enterprise development and private benefit attainment [
37]. Simultaneously, a stable cooperation environment and an efficient cooperation model enhance enterprises’ return on investment, thereby fostering willingness to jointly pursue common benefits [
38].
Secondly, calculative trust furnishes companies with comprehensive plans for addressing unexpected events, effectively mitigating the cost of friction in business collaborations and improving resource synergy efficiency between companies and partners [
39]. Uncertainty events are commonplace in collaboration and often lead to increased costs and breakdowns [
40]. In cases where contracts do not include provisions for dealing with such uncertain events, friction and high communication costs arise when confronted with uncertainty, prompting many companies to opt for premature termination of cooperation [
41]. For instance, during our interviews, managers frequently mentioned that “
it is very common that in cases where the cooperation is not deep, most of the time is spent playing for self-interest, which wastes a lot of time and opportunities, and many companies in such cases would prefer to replace the partner to stop the damage in time”. Calculative trust proactively establishes comprehensive plans for uncertain events, minimizing ambiguity in company cooperation, enhancing clarity of rights and responsibilities, reducing the cost of friction in handling uncertainty, safeguarding legitimate interests, and fostering a conducive environment for long-term cooperation [
42].
In summary, we contend that calculative trust offers a stable cooperation process and a comprehensive contingency plan, thus reducing supervision costs, friction, and ambiguity in cooperation. This enhances resource synergy efficiency and creates an environment conducive to protecting and advancing corporate interests, leading us to propose the following hypothesis.
Hypothesis 1 (H1). The greater the level of calculative trust, the greater the likelihood of corporations developing both private and common benefit behaviors.
In regard to the comparative selection between common and private benefit behaviors by firms, it is noteworthy to consider the influential role of calculative trust in favoring the promotion of private benefit behaviors. Firstly, calculative trust establishes a stringent system of rewards and sanctions, effectively reducing opportunistic behaviors and ensuring that firms can attain reasonable private benefits [
11]. Existing research suggests that firms inclined towards private benefit behaviors prioritize stability and secure access to benefits [
22]. Opportunistic behavior represents a highly unstable factor in the process of enterprise cooperation and a major cause of cooperation breakdowns [
43]. Through its robust system of sanctions, calculative trust significantly undermines enterprises’ inclination towards opportunistic behaviors, fostering a stable and secure cooperative environment [
44]. For example, in our interviews, many managers would repeatedly say: “
Opportunistic behaviors can seriously undermine old patterns of cooperation, and when it occurs, participating companies become very careful. Therefore, we usually have very severe penalties for common opportunistic behavior and companies tend to establish such a system before cooperation because it protects their legitimate interests and significantly reduces additional costs”.
Secondly, stable transaction processes and trading patterns play crucial roles in establishing calculative trust between firms, significantly enhancing the efficiency of corporate cooperation and return on investment [
45]. Private benefit behaviors revolve around maximizing return on investment in business cooperation. Efficient resource synergies among firms serve as a pivotal element in maintaining partnerships and improving firms’ ability to create and capture benefits [
46]. On the one hand, stable transaction processes and models provide a well-defined path for cooperation, substantially reducing communication time and costs between enterprises and facilitating swift collaboration [
47]. On the other hand, stable transaction processes and models offer expedited resolutions to inter-firm conflicts, effectively mitigating the risk of cooperation breakdowns arising from such conflicts and minimizing the time and economic costs associated with friction and disputes. Consequently, calculative trust emerges as a driving force for businesses, enabling cost reduction and facilitating private benefit behaviors.
Finally, the lack of clear definition and protection concerning ambiguous areas of benefits in a calculative trust-based cooperation approach can generate uncertainty in the public domain, potentially undermining business benefits [
42,
44]. Calculative trust strives to safeguard private business benefits by emphasizing the establishment of certainty clauses in cooperation. However, in business cooperation, enterprises inevitably encounter situations where inputs extend into the public domain, and contracts have inherent limitations in addressing public domain inputs and benefit distribution [
9]. This is because collaboration in the public domain often entails high levels of uncertainty, and contracts cannot encompass all potential uncertainties [
48]. As interviewees noted, “
Public input is always the most prudent thing for business collaboration. On the one hand, because cooperation in the public sphere always involves unanticipated risks, which can add additional costs, and on the other hand because contracts have limited relevance in this regard”. It becomes apparent that calculative trust primarily aims to manage anticipated risks in business-to-business cooperation, potentially overlooking unanticipated risks.
In summary, we posit that calculative trust enhances the efficiency of resource synergy between enterprises by establishing a stable, secure, and efficient cooperative environment, thereby reducing cooperation costs and fostering a favorable climate for the development of private benefits. However, the public domain introduces inherent uncertainties, and contracts are unable to address all aspects of uncertainty, thereby weakening the definition and protection of ambiguous areas of benefits in the public domain within the framework of calculative trust. This leads us to propose the following hypothesis.
Hypothesis 2 (H2). The greater the level of calculative trust, the greater the likelihood of the corporation preferring private benefit behavior versus common benefit behavior.
2.2. Relational Trust and Corporate Benefit Behavior
Unlike calculative trust, which adopts an economic framework and instrumental rationality assumptions, relational trust operates within a social and psychological context, emphasizing the social aspects of organizational attributes [
16,
49]. Relational trust posits that all economic activities of an organization are embedded in social relationships and that a firm’s economic actions are influenced or constrained by the relationships within its social network [
50]. Under conditions of relational trust, the foundation of transactions between firms becomes a crucial element influencing firms’ judgments and transactional efficiency [
51]. Essentially, relational trust is grounded in an overall assessment of past collaborative relationships, following a retrospective decision-making rule [
21]. This is primarily because relational trust provides increasingly sophisticated cooperation rules for inter-firm collaboration, mitigating transactional friction in the face of uncertainty and facilitating smooth transactions between organizations [
52].
Firstly, relational trust facilitates the accumulation of cooperative rules, significantly reducing the time costs associated with business negotiation processes. Drawing from transaction cost theory and game theory, scholars have observed that haggling is an inevitable negotiation process and a fundamental source of inefficient cooperation and opportunistic behaviors [
20]. Relational trust, built on long-term amicable interactions between firms, leads to the accumulation of mutually satisfactory cooperation rules over time [
8,
16]. The longer and more extensive the cooperation between firms, the more these accumulated cooperation rules streamline the bargaining process with partners, minimizing time costs during negotiations [
53]. By adhering to collaborative rules, firms can significantly decrease the likelihood of conflicts arising during negotiations and reduce the temporal and economic costs associated with such conflicts [
54]. Additionally, collaborative rules serve as unique assets between partners and cannot be easily transferred, strengthening the long-term commitment and willingness of partners to collaborate [
55].
Secondly, relational trust fosters open communication between companies, enabling the development of shared values and identities, which increases goal alignment and drives greater cooperation [
56]. In the absence of relational trust, the likelihood of divergent objectives and conflicts over benefit distribution increases, prompting a stronger focus on protecting private benefits as companies become more engaged in business activities [
57]. Shared values and identities enable companies to think, feel, and react in similar ways, aligning decision-making processes and leading to more favorable decisions, thereby enhancing the relationship and synergistic outcomes [
49]. This perspective encourages viewing inter-organizational cooperation from a long-term standpoint, bolstering the willingness to develop businesses and safeguard common benefits. Furthermore, open communication between companies facilitated by relational trust reduces lead time for new business with partners and increases partners’ willingness to tolerate private benefit attainment, thereby promoting greater cooperation [
8,
16].
In summary, we posit that relational trust enhances the efficiency of resource synergy and goal alignment between firms through the establishment of cooperative rules and open communication. This facilitates smoother inter-firm cooperation and transactions, creating a conducive environment for the development of both common and private benefits. Thus, we derive the following hypothesis.
Hypothesis 3 (H3). The greater the level of relational trust, the greater the likelihood of a corporation developing both private and common benefit behaviors.
Regarding the comparative selection between common and private benefit behaviors of firms, it is noteworthy that relational trust plays a significant role in promoting common benefit behaviors. Firstly, relational trust facilitates the exchange of privileged resources between firms, enhancing firms’ ability to develop private benefits [
58]. Within a normal relational distance, firms are reluctant or unable to engage in resource transactions with other firms, such as corporate innovations, tacit knowledge, and information [
59]. This is due to the difficulty in pricing privileged resources and their limited transferability [
60]. Relational trust enables firms to establish effective psychological contracts with their partners, fostering a willingness to exchange privileged resources for mutual benefit [
61]. This facilitates the efficient exchange of privileged resources and the transfer of outcomes and knowledge [
57]. The exchange of privileged resources effectively expands an organization’s resource richness, enhances firms’ market competitiveness, and strengthens the bond between firms and their partners [
60]. As stated by interviewees, “
To unlock the value of corporate collaboration with maximum efficiency, it must be predicated on full trust, and full trust enables companies to offer resources without reservation and a willingness to actively maintain the relationship, which can make the potential for corporate collaboration enormous”.
Secondly, relational trust contributes to the resilience of inter-firm cooperation, enhancing the ability of firms and partners to collectively address changes in the external environment [
62]. Scholars have long recognized that changes in the external environment’s uncertainty significantly impact the effectiveness of organizational cooperation [
63]. Particularly, when contracts struggle to address external uncertainty events, firms tend to develop pessimistic expectations for future collaborations and exhibit more self-centered behaviors in their cooperation [
41]. This can lead to the abandonment of common goals and the emergence of intense friction. However, when relational trust exists between firms, it acts as a binding agent in the face of external environmental pressures, stimulating closer ties between firms [
49]. Furthermore, under conditions of relational trust, firms allow partners to dynamically adjust agreements in response to unforeseen market changes [
1]. For instance, several leaders mentioned during interviews that “
when uncertainty arises, trust makes us more willing to communicate to find the right solution, which gives us more room for flexibility”.
Finally, relational trust mitigates the pervasive threat of opportunism in collaboration, enhancing transparency and proactiveness in inter-organizational learning [
64]. Relational trust signifies a mutually respectful and interdependent partnership between a company and its partners, significantly influencing a company’s ability to effectively protect its core proprietary assets while learning from its partners [
51]. This fosters increased transparency and initiative in inter-organizational learning, strengthening an organization’s market competitiveness in developing private benefits [
65]. However, while relational trust promotes private benefits through improved transparency and initiative in inter-organizational learning, its positive impact is limited. This is because the pursuit of private benefits can widen the divergence of interests between organizations, hinder further resource and knowledge sharing, and potentially overshadow other benefits that relational trust brings [
51]. As expressed by an interviewee, “
With long-term partners, we all dare to give each other greater access to openness. However, the more mutual trust we have, the more important it is for us to manage our organizational boundaries, and especially not to expand our own interests at will, as this could cause an irreversible blow to the trust relationship”.
In conclusion, we assert that relational trust creates favorable conditions for the development of common benefits by facilitating the exchange of privileged resources between firms and the ability to collectively address changes in the external environment. Although relational trust also enhances transparency and proactiveness in inter-organizational learning, thereby improving firms’ competitiveness in terms of private benefit behaviors, its impact in this regard is limited. This leads us to propose the following hypothesis.
Hypothesis 4 (H4). The greater the level of relational trust, the greater the likelihood of the corporation preferring common benefit behavior versus private benefit behavior.
We review the organization-trust literature and propose a suitable model. We proposed and examined several hypotheses in
Figure 1 to understand the relationship between several variables.