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Markets-as-networks theory: a review

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Sousa, Filipe J.

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Abstract(s)

This paper exposes the development of markets-as-networks theory from formal inception in the mid-1970s until 2010 state-of-the-art, en route presenting its historical roots. This largely European-based theory challenges the conventional, dichotomous view of the business world as including firms and markets, arguing for the existence of relational governance structures (the so-called ‘‘interfirm cooperation’’) in addition to hierarchical and transactional ones.

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Keywords

Markets-as-networks Industrial networks Theory Business relationships Inter-firm cooperation . Centro de Ciências Sociais

Citation

Sousa, F. (2010), "Markets-as-networks theory: a review" in Advances in Business Marketing and Purchasing: Organizational Culture, Business-to-Business Relationships, and Interfirm Networks, A. Woodside, ed. Bingley: Emerald.

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Emerald

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