Publications

Paper Num.:
8
Year:
1998
Title:
Networks in Transition: How Industry Events (Re)shape Interfirm Relationships
Information:

Notes:

Authors:
B. Koka
R. Madhavan
J. Prescott

PDF File:

Abstract:
Interfirm relationship networks are strategic resources that can potentially be shaped by managerial action. As a first step towards understanding how managers can shape networks, we develop a framework which explains how industry networks evolve over time and in response to specific events. Our main thesis is that industry events may be either structure-reinforcing or structure-loosening, and that their potential structural impact may be predicted in advance. We validate our hypotheses with longitudinal data on the strategic alliance network in the global steel industry.