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Network approaches and strategic management: Exploration opportunities and new trends

Author

Listed:
  • Beata Barczak

    (Ph.D., Hab., Associate Professor, Department of Management Process, College of Management and Quality Sciences, Cracow University of Economics, Rakowicka 27, 31-510 Kraków, Poland)

  • Tomasz Kafel

    (Ph.D., Hab., Associate Professor, Department of Organization and Management Methods, College of Management and Quality Sciences, Cracow University of Economics, Rakowicka 27, 31-510 Kraków, Poland)

  • Pierpaolo Magliocca

    (Associate Professor, Department of Humanities. Literature, Cultural Heritage, Education Sciences, University of Foggia, Via Arpi 176 – 71121 Foggia, Italy)

Abstract

PURPOSE: The analysis of the literature shows that the attempts to conceptualize the strategic aspects of the network bring a significant impact on the development of research on organizational networks. This article aims to analyze the new trends in strategic management, and in particular on the possibility of exploring the network approach in strategic management, through the existing literature and the presentation of the new contributions of the following articles published in the current issue. METHODOLOGY: The article is descriptive in character; thus it is based on a literature review and its constructive critics. A narrative literature review was used to present the main assumptions and features of the network approach in strategic management, along with an indication of emerging trends and new directions. Also the identification of theoretical foundations for understanding the processes of strategic change in inter-organizational networks and the proposition of the way to understand network strategy were presented. FINDINGS: The research included in this issue shows that from a network perspective, business strategy plays an important role in guiding the development of individual relationships and networks. Exploring the network approach in strategic management allows one to adopt the category of network strategy, which can be described through the coexistence of cooperation and competition. IMPLICATIONS FOR THEORY AND PRACTICE: Considerations lead to the conclusion that the business strategy must be expressed in terms of potential changes in the network in which the company operates, taking into account its current and selected position in the network. Despite the fact that the current state of research on organizational networks in the theory of strategic management shows that this approach is already quite well established, on the basis of the analysis of research results concerning the conceptualization of strategic aspects of the network, the existing problems and limitations were identified. ORIGINALITY AND VALUE: The main problems related to the exploration of the network approach and the resulting consequences for the definition of the network strategy were indicated. Also, the combination of an organizational and economic approach with the logic of competitive advantage and relational annuity. The demonstration that the network perspective in strategic management allows for a more complete understanding of the strategic behavior of modern enterprises.

Suggested Citation

  • Beata Barczak & Tomasz Kafel & Pierpaolo Magliocca, 2021. "Network approaches and strategic management: Exploration opportunities and new trends," Journal of Entrepreneurship, Management and Innovation, Fundacja Upowszechniająca Wiedzę i Naukę "Cognitione", vol. 17(3), pages 7-35.
    • Handle: RePEc:aae:journl:v:17:y:2021:i:3:p:7-35
    DOI: 10.7341/20211731
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    References listed on IDEAS

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    1. Sridhar P. Nerur & Abdul A. Rasheed & Vivek Natarajan, 2008. "The intellectual structure of the strategic management field: an author co‐citation analysis," Strategic Management Journal, Wiley Blackwell, vol. 29(3), pages 319-336, March.
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    3. Wojciech Czakon, 2016. "Network Strategies Logic (Logika strategii sieciowych)," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 14(64), pages 17-30.
    4. Gemunden, Hans Georg & Heydebreck, Peter, 1995. "The influence of business strategies on technological network activities," Research Policy, Elsevier, vol. 24(6), pages 831-849, November.
    5. Hedvall, Klas & Jagstedt, Siri & Dubois, Anna, 2019. "Solutions in business networks: Implications of an interorganizational perspective," Journal of Business Research, Elsevier, vol. 104(C), pages 411-421.
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