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Establishing Effective Business/ Stakeholder Networks to Underpin Regional Digital Strategies

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  • Jan Frick

Abstract

This paper explores the importance of establishing effective business and stakeholder networks to underpin regional digital strategies. It discusses the different types of networks, their structure and functionality, and the benefits and challenges associated with collaboration. The paper also discusses the components of a digital strategy, including infrastructure, systems, and key performance indicators, and the role of digitalization, lean and agile processes in achieving these goals. Using the Cluster for Industrial Asset Management (CIAM) in Stavanger as an example, the paper highlights the importance of networks in driving innovation and competitiveness in the industrial sector. The paper concludes with a discussion of the benefits of collaboration for all stakeholders involved, including mutual learning and improved processes, and the need for inclusivity in developing effective regional digital strategies.

Suggested Citation

  • Jan Frick, 2023. "Establishing Effective Business/ Stakeholder Networks to Underpin Regional Digital Strategies," International Journal of Business and Management, Canadian Center of Science and Education, vol. 18(4), pages 1-63, August.
    • Handle: RePEc:ibn:ijbmjn:v:18:y:2023:i:4:p:63
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    More about this item

    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • Z0 - Other Special Topics - - General

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