Networks and network strategies: New theorization based upon a systematic literature review

Abstract

PURPOSE: This paper aims to introduce a general all-embracing taxonomy of networks and its relevant strategies to facilitate the teaching and learning of the strategic concepts of networks in strategic management. METHODOLOGY: To fulfill its intention, the paper has adopted a systematic literature review (SLR), since the introduced taxonomy and its corresponding strategies should be a compendious reflection and summary of the current literature of the studies on strategic networks. RESULTS: The paper unfolded seven potential configurations of the networks and then proceeded with the proposition of their relevant strategies with regard to the networks’ relationships and forms. These networks were named as Reciprocally Interdependent Networks, Sequentially Interdependent Networks, Partnering Networks, Complementary (Overlapping) Networks, Supporting (Logistic) Networks, Distributing Networks, and Co-Innovation Knowledge-Sharing Networks. Their corresponding network strategies were identified as Multi-Level Promotion Strategy, Just-In-Time Strategy, Network Partnership Strategy, Compensatory Strategy, Network Logistic Strategy, Distributing Network Strategy, and Network R&D Strategy, respectively. IMPLICATIONS FOR THEORY AND PRACTICE: Systematics or a system of classification is a fundamental necessity in any field of knowledge, benefiting both academia and learners. Accordingly, this paper provides a comprehensive but concise means of classifying networks and their strategies to overcome the paucity still existing in the literature. These efforts invite future research and conversation about networks and network strategies, proposing a guiding framework for the debate. ORIGINALITY AND VALUE: Lack of consensus about theories and conceptualizations in strategic network studies became an inspiration for this research, which allowed for the clarification of the mentioned existing paucity.