 Toward a paradigm of symbiotic entrepreneurshipLeo Dana, Hamid Etemad and Richard W. Wright International Journal of Entrepreneurship and Small Business, 2008, vol. 5, issue 2, 109-126 Abstract: Entrepreneurship often involves independent firms that compete with one another. In this article, we discuss an alternate entrepreneurship strategy, one involving symbiosis – an approach that allows entrepreneurs and their firms to benefit from a multi-polar distribution of power and control. We believe that this is especially helpful in the process of internationalisation. Rather than focusing on the internationalisation of a centralised firm with a uni-polar distribution of power and control, we suggest that the world is moving toward multi-polar networks of firms. As corporations out-source to smaller, specialised firms, power and control are becoming increasingly divided among independent firms that cooperate voluntarily for increased efficiency and profit. Symbiotic relationships are thus leading to multi-polarity, and we are moving beyond a focus on the firm – toward a focus on relationships with multi-polar networks involving symbiotic relationships. Keywords: symbiotic entrepreneurship; symbiosis; bazaar; new economy; strategic alliances; cooperation; relationships; symbiotic marketing; multi-polarity; internationalisation; entrepreneurship strategy; multi-polar networks. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijesbu:v:5:y:2008:i:2:p:109-126 Access Statistics for this article More articles in International Journal of Entrepreneurship and Small Business from Inderscience Enterprises Ltd |
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