Business network
Complex network of companies, working together to accomplish certain objectives / From Wikipedia, the free encyclopedia
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A business network is a complex, enduring, and interdependent web of business relationships among market and non-market actors that allow firms to co-create value in their business environment.[1][2] Firms influence their markets by managing and signalling their network positions,[3] facilitating entry of new actors, or removing other actors, for instance, through disintermediation, which means elimitating the middleman.
When some actors within a business network have joint strategic intents and work together to achieve certain objectives, then the network is called a strategic business net.[4] These objectives, which are strategic and operational, are adopted by business networks based on their role in the market.[5]