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Liczba wyników
2014 | Global Business Towards New Paradigm in Time of Crisis | 227--240
Tytuł artykułu

Generating Innovation Through Smart Industry Network Positioning

Autorzy
Warianty tytułu
Języki publikacji
EN
Abstrakty
EN
Networks are built on bilateral firm relationships, which are essential for the economic performance of the companies. Business relationship connections tie firms into a form of structure, where different players such as suppliers, customers, and competitors become involved and finally develop business networks (Blankenburg and Johanson, 1992; Hakansson and Snehota, eds., 1995). Therefore it is assumed that everything happens within the context of relationships, and a firm that is well established in a relevant network takes advantage of an 'insider' position, which comes along with a privileged access to market information. A firm that does not have a position in relevant networks is an "outsider", which makes it impossible to develop a competitive advantage within the network (Johanson and Mattsson, 1992; Johanson and Vahlne, 2009). Network activities, based on the firm's individual perspective of its value-added activities, are divided into vertical, horizontal, and conglomerate relationships between the firm and other entities. A network can be defined as an industrial system of organizational-interdependent relationships composed of firms indirectly and directly engaged in supply (vertical, backward-directed relationships), operations with partners but also competitors (horizontal relationships), logistics and sales (vertical, forward-directed relationships), and relationships with stakeholders such as the government (conglomerate diversification) (Gulati et al., 2000; Sydow, 2010). Firms embedded in these industrial networks are linked to each other, directly or indirectly, normally through long-lasting engagements that develop complex inter-firm information, both financial and managerial, and material procurement and distribution channels. The result is mutual interdependencies for the involved participants (Mathews, 2002; Ritter, 2000; Ritter and Gemtinden, 2003; Ritter et al., 2004). (fragment of text)
Twórcy
autor
  • Berlin School of Economics and Law, Germany
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Typ dokumentu
Bibliografia
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Identyfikator YADDA
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