✦ LIBER ✦
Networks in transition: how industry events (re)shape interfirm relationships
✍ Scribed by Ravindranath Madhavan; Balaji R. Koka; John E. Prescott
- Book ID
- 101239953
- Publisher
- John Wiley and Sons
- Year
- 1998
- Tongue
- English
- Weight
- 213 KB
- Volume
- 19
- Category
- Article
- ISSN
- 0143-2095
No coin nor oath required. For personal study only.
✦ Synopsis
Interfirm relationship networks are strategic resources that can potentially be shaped by managerial action. As a first step towards understanding how managers can shape networks, we develop a framework which explains how industry networks evolve over time and in response to specific events. Our main thesis is that industry events may be either structure-reinforcing or structure-loosening, and that their potential structural impact may be predicted in advance. We validate our hypotheses with longitudinal data on the strategic alliance network in the global steel industry.