Comments on 'Transaction Costs and Networks.'

Article Abstract:

Keith J. Blois' research indicated that using transaction costs to analyze industrial networks may not have been justified, but no alternative methods were suggested. Two factors contribute to the existence of networks: the lowering of transaction costs and the efficiency of conducting activities in separate entities. Using transaction costs to analyze networks provides useful information about networks, which have not received much theoretical consideration.

Business, Finance, Costs, Industrial, Industrial costs, Business literature, Blois, Keith J.

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A paradigm of entrepreneurship: entrepreneurial management

Article Abstract:

Corporate entrepreneurship is the practice of seeking business opportunities and an attempt to acquire technological and managerial growth through innovation. The key elements of corporate entrepreneurial behavior include the ability to identify business opportunity, the willingness to pursue it, and the chances of succeeding. The corporate managers who propose to practice entrepreneurship should address all three of the key elements of behavior.

Management, Corporations, New business enterprises, Startups, Entrepreneurship

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On strategic networks

Article Abstract:

The concept of a strategic network as a tool to understand cooperative relationships between firms is developed. The role of strategic networks in the strategy of the firm is discussed. Strategic networks are a 'mode of organization'. The economic conditions of existence of a network are examined. The conditions of existence of a network are analyzed from the perspective of its internal consistency.

Usage, Computer networks, Strategic planning (Business), Organizational behavior, Information networks

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