STRATEGIC APPROACH TO NETWORKING OF SMALL AND MEDIUM SIZED FIRMS

Bojan Moric Milovanovic ()
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Bojan Moric Milovanovic: University of Zagreb

Economic Thought and Practice, 2013, vol. 22, issue 1, 237-258

Abstract: Networks play an important role in entrepreneurship and represent a significant factor in economic development. Despite the rapid development of network theories, scientific literature does not provide a systematized strategic approach to the concept of networking among small and medium sized enterprises. Therefore, the article explains in detail the concept of networks and networking activities with special emphasis on long-term forms of network relationships. It provides an overview of the most common market forms of strategic network relationships among small and medium-sized firms, and describes the most important advantages and disadvantages of these kinds of business relationships. The article unfolds a valuable contribution to scholars in early stage of their research interested in the area of interorganizational linking and networking.

Keywords: network; strategic networking; forms of network relationships; small and medium sized firms (search for similar items in EconPapers)
JEL-codes: L22 L86 (search for similar items in EconPapers)
Date: 2013
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