IDEAS home Printed from https://ideas.repec.org/a/spr/rvmgts/v14y2020i5d10.1007_s11846-018-0317-9.html
   My bibliography  Save this article

Business networks as breeding grounds for entrepreneurial options: organizational implications

Author

Listed:
  • Alessandro Zardini

    (University of Verona)

  • Francesca Ricciardi

    (University of Turin)

  • Ludovico Bullini Orlandi

    (University of Verona)

  • Cecilia Rossignoli

    (University of Verona)

Abstract

This study proposes an original configurational view of the organizational logics of business networks. It develops a set of 18 operationalizable propositions, clustered around a typology of six networking logics, that allow to measure the extent to which each networking logic is active at the level of a specific network organization. In addition, this study leverages degree-of-freedom analysis to inductively develop a model of how different possible combinations of these six networking logics may transform networks into effective institutions for the creation, recognition, and seizing of entrepreneurial options. These contributions can be used for future larger configurational studies on network organizations as option-creating and resilience-generating institutions.

Suggested Citation

  • Alessandro Zardini & Francesca Ricciardi & Ludovico Bullini Orlandi & Cecilia Rossignoli, 2020. "Business networks as breeding grounds for entrepreneurial options: organizational implications," Review of Managerial Science, Springer, vol. 14(5), pages 1029-1046, October.
    • Handle: RePEc:spr:rvmgts:v:14:y:2020:i:5:d:10.1007_s11846-018-0317-9
    DOI: 10.1007/s11846-018-0317-9
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11846-018-0317-9
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s11846-018-0317-9?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Christopher M. Scherpereel, 2008. "The option‐creating institution: a real options perspective on economic organization," Strategic Management Journal, Wiley Blackwell, vol. 29(5), pages 455-470, May.
    2. Bruce Kogut & Nalin Kulatilaka, 2001. "Capabilities as Real Options," Organization Science, INFORMS, vol. 12(6), pages 744-758, December.
    3. Mathew Hughes & Fabian Eggers & Sascha Kraus & Paul Hughes, 2015. "The relevance of slack resource availability and networking effectiveness for entrepreneurial orientation," International Journal of Entrepreneurship and Small Business, Inderscience Enterprises Ltd, vol. 26(1), pages 116-138.
    4. Øystein D. Fjeldstad & Charles C. Snow & Raymond E. Miles & Christopher Lettl, 2012. "The architecture of collaboration," Strategic Management Journal, Wiley Blackwell, vol. 33(6), pages 734-750, June.
    5. André Spicer & Graham Sewell, 2010. "From National Service to Global Player: Transforming the Organizational Logic of a Public Broadcaster," Journal of Management Studies, Wiley Blackwell, vol. 47(6), pages 913-943, September.
    6. Cecilia Rossignoli & Francesca Ricciardi & Sabrina Bonomi, 2018. "Organizing for Commons-Enabling Decision-Making Under Conflicting Institutional Logics in Social Entrepreneurship," Group Decision and Negotiation, Springer, vol. 27(3), pages 417-443, June.
    7. Paul Pierce & Francesca Ricciardi & Alessandro Zardini, 2017. "Smart Cities as Organizational Fields: A Framework for Mapping Sustainability-Enabling Configurations," Sustainability, MDPI, vol. 9(9), pages 1-21, August.
    8. Céline Bérard & Marie Perez, 2014. "Alliance dynamics through real options: The case of an alliance between competing pharmaceutical companies," Post-Print halshs-00987942, HAL.
    9. Bérard, Céline & Perez, Marie, 2014. "Alliance dynamics through real options: The case of an alliance between competing pharmaceutical companies," European Management Journal, Elsevier, vol. 32(2), pages 337-349.
    10. Deborah Dougherty & Danielle D. Dunne, 2011. "Organizing Ecologies of Complex Innovation," Organization Science, INFORMS, vol. 22(5), pages 1214-1223, October.
    11. Norat Roig‐Tierno & Sascha Kraus & Sonia Cruz, 2018. "The relation between coopetition and innovation/entrepreneurship," Review of Managerial Science, Springer, vol. 12(2), pages 379-383, March.
    12. Vargo, Stephen L. & Maglio, Paul P. & Akaka, Melissa Archpru, 2008. "On value and value co-creation: A service systems and service logic perspective," European Management Journal, Elsevier, vol. 26(3), pages 145-152, June.
    13. Ricciardi, Francesca & Zardini, Alessandro & Rossignoli, Cecilia, 2018. "Business network commons and their fragilities: Emerging configurations of local organizational fields," Journal of Business Research, Elsevier, vol. 89(C), pages 328-335.
    14. Marie Perez & Céline Bérard, 2014. "Alliance Dynamics through Real Options: The Case of an Alliance between Competing Pharmaceutical Companies," Post-Print hal-01528951, HAL.
    15. Rodolphe Durand & Robert M. Grant & Tammy L. Madsen & Lenos Trigeorgis & Jeffrey J. Reuer, 2017. "Real options theory in strategic management," Strategic Management Journal, Wiley Blackwell, vol. 38(1), pages 42-63, January.
    16. Royston Greenwood & C. R. Hinings & Dave Whetten, 2014. "Rethinking Institutions and Organizations," Journal of Management Studies, Wiley Blackwell, vol. 51(7), pages 1206-1220, November.
    17. Silvia Cantele & Silvia Vernizzi & Francesca Ricciardi, 2016. "The emerging wave of agility-oriented business networks in Italy: a new strategy for facing global competition," World Review of Entrepreneurship, Management and Sustainable Development, Inderscience Enterprises Ltd, vol. 12(2/3), pages 270-284.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Stephanie Scott & Mathew Hughes & Domingo Ribeiro-Soriano, 2022. "Towards a network-based view of effective entrepreneurial ecosystems," Review of Managerial Science, Springer, vol. 16(1), pages 157-187, January.
    2. Ricarda B. Bouncken & Yixin Qiu & Noemi Sinkovics & Wolfgang Kürsten, 2021. "Qualitative research: extending the range with flexible pattern matching," Review of Managerial Science, Springer, vol. 15(2), pages 251-273, February.
    3. Christian Lebelhuber & Dorothea Greiling, 2022. "Strategic response to institutional pressures of climate change: an exploration among gas sector companies," Review of Managerial Science, Springer, vol. 16(3), pages 863-905, April.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Cecilia Rossignoli & Francesca Ricciardi & Sabrina Bonomi, 2018. "Organizing for Commons-Enabling Decision-Making Under Conflicting Institutional Logics in Social Entrepreneurship," Group Decision and Negotiation, Springer, vol. 27(3), pages 417-443, June.
    2. Ricciardi, Francesca & Zardini, Alessandro & Rossignoli, Cecilia, 2018. "Business network commons and their fragilities: Emerging configurations of local organizational fields," Journal of Business Research, Elsevier, vol. 89(C), pages 328-335.
    3. Divya Mishra & Amita Mital & Samir K. Srivastava, 2023. "Role of international strategic alliances in internationalization of business group affiliated firms—A system dynamics approach," Systems Research and Behavioral Science, Wiley Blackwell, vol. 40(3), pages 552-572, May.
    4. Federico Cosenz & Guido Noto, 2016. "Applying System Dynamics Modelling to Strategic Management: A Literature Review," Systems Research and Behavioral Science, Wiley Blackwell, vol. 33(6), pages 703-741, November.
    5. Esmaelnezhad, Danial & Taghizadeh-Yazdi, Mohammadreza & Amoozad Mahdiraji, Hannan & Vrontis, Demetris, 2023. "International strategic alliances for collaborative product Innovation: An agent-based scenario analysis in biopharmaceutical industry," Journal of Business Research, Elsevier, vol. 158(C).
    6. Zhao, Jianyu & Wu, Guangdong & Xi, Xi & Na, Qi & Liu, Weiwei, 2018. "How collaborative innovation system in a knowledge-intensive competitive alliance evolves? An empirical study on China, Korea and Germany," Technological Forecasting and Social Change, Elsevier, vol. 137(C), pages 128-146.
    7. Raisa Pérez-Vas & Félix Puime Guillén & Joaquín Enríquez-Díaz, 2021. "Valuation of a Company Producing and Trading Seaweed for Human Consumption: Classical Methods vs. Real Options," IJERPH, MDPI, vol. 18(10), pages 1-13, May.
    8. Patrizia Pastore & Antonio Ricciardi & Silvia Tommaso, 2020. "Contractual networks: an organizational model to reduce the competitive disadvantage of small and medium enterprises (SMEs) in Europe’s less developed regions. A survey in southern Italy," International Entrepreneurship and Management Journal, Springer, vol. 16(4), pages 1503-1535, December.
    9. Chi-Yo Huang & I-Ling Tung, 2020. "Strategies for Heterogeneous R&D Alliances of In Vitro Diagnostics Firms in Rapidly Catching-Up Economies," IJERPH, MDPI, vol. 17(10), pages 1-34, May.
    10. Jorge Tarifa-Fernández & Ana María Sánchez-Pérez & Salvador Cruz-Rambaud, 2019. "Internet of Things and Their Coming Perspectives: A Real Options Approach," Sustainability, MDPI, vol. 11(11), pages 1-15, June.
    11. Ricciardi, Francesca & De Bernardi, Paola & Cantino, Valter, 2020. "System dynamics modeling as a circular process: The smart commons approach to impact management," Technological Forecasting and Social Change, Elsevier, vol. 151(C).
    12. Hunt, Richard A. & Song, Yue & Townsend, David M. & Stallkamp, Maximilian, 2021. "Internationalization of entrepreneurial firms: Leveraging real options reasoning through affordable loss logics," Journal of Business Research, Elsevier, vol. 133(C), pages 194-207.
    13. Gorupec Natalia & Brehmer Nataliia & Tiberius Victor & Kraus Sascha, 2022. "Tackling uncertain future scenarios with real options: A review and research framework," The Irish Journal of Management, Sciendo, vol. 41(1), pages 69-88, July.
    14. Järvi, Kati & Almpanopoulou, Argyro & Ritala, Paavo, 2018. "Organization of knowledge ecosystems: Prefigurative and partial forms," Research Policy, Elsevier, vol. 47(8), pages 1523-1537.
    15. Thorsten Koch & Josef Windsperger, 2017. "Seeing through the network: Competitive advantage in the digital economy," Journal of Organization Design, Springer;Organizational Design Community, vol. 6(1), pages 1-30, December.
    16. Alberto Sardi & Enrico Sorano, 2019. "Dynamic Performance Management: An Approach for Managing the Common Goods," Sustainability, MDPI, vol. 11(22), pages 1-22, November.
    17. Tailan Chi & Jing Li & Lenos G Trigeorgis & Andrianos E Tsekrekos, 2019. "Real options theory in international business," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 50(4), pages 525-553, June.
    18. Song, Sangcheol, 2022. "Determining investment size and local embeddedness under host market uncertainty and growth rates," International Business Review, Elsevier, vol. 31(2).
    19. Garaudel, Pierre, 2020. "Exploring meta-organizations’ diversity and agency: A meta-organizational perspective on global union federations," Scandinavian Journal of Management, Elsevier, vol. 36(1).
    20. Antonopoulou, Katerina & Begkos, Christos, 2020. "Strategizing for digital innovations: Value propositions for transcending market boundaries," Technological Forecasting and Social Change, Elsevier, vol. 156(C).

    More about this item

    Keywords

    Network organizations; Real options; Transactional logic; Resource control logic; Legitimacy logic; Co-creation logic; Innovation logic; Commons logic;
    All these keywords.

    JEL classification:

    • L26 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Entrepreneurship

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:rvmgts:v:14:y:2020:i:5:d:10.1007_s11846-018-0317-9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.