Download This PaperBusiness Networks
ENCYCLOPEDIA OF SOCIAL NETWORKS, pp. 95-98, G. Barnett, ed., Sage, September 2011
5 Pages Posted: 30 Sep 2011
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Business Networks
Business Networks
Date Written: September 1, 2011
Abstract
Business networks (BN) are sets of repetitive transactions based on structural and relational formations that comprise of interconnected elements (actors, resources and activities). BN exhibit dynamic boundaries and accommodate the contradictory and complementary aims pursued by each member. BN facilitate co-alignment of interests in joint activities and repetitive exchanges, where actors exchange information, commodities, heterogeneous resources, individual affection, commitment and trust.
This contribution discusses approaches to analysis of business networks, and paradigms of business network research.
Keywords: business networks, repetitive transactions
JEL Classification: B25, D21, L14, L22, P13
Suggested Citation: Suggested Citation