Strategies to capitalize on the organizational potential through collaborative networks

Alexandu Roja
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Alexandu Roja: Faculty of Economics and Business Administration, West University of Timisoara, Romania

Timisoara Journal of Economics, 2012, vol. 5, issue 18, 285–298

Abstract: In response to the business environment dynamics, contemporary organizations develop their capabilities and potentials in order to become competitive. The new knowledge-based economy paradigm, the emergence of networks in the economy, technology and society, create a favorable environment for collaboration between organizations. Organizations can thus, through collaboration, capitalize to a greater extent on their individual potential and benefit from the synergistic effects arising from the common potential use within collaborative networks. In the economic context, collaboration between organizations has become a prerequisite for increasing competitiveness at the organizational, regional, national and international levels. Our research aims to identify and describe the main strategies for capitalizing on the individual organizational potentials, as well as on the common potentials through collaborative networks. Our approach starts with the premise that the strategies to capitalize on the organizational potential through collaboration are more resourceful. On the one hand, it is about the "natural" relationships arising from collaboration between organizations and, on the other hand, there are the strategies implemented and carried out by government agencies for capitalizing on the organizational potential through regional innovation systems. Our research approach focused on studying the effects of these strategies to capitalize on the organizational potential through collaborative networks.

Keywords: strategic management; collaborative networks; organizational potential; collaboration (search for similar items in EconPapers)
JEL-codes: M10 M19 P13 (search for similar items in EconPapers)
Date: 2012
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