The Palgrave Encyclopedia of Strategic Management

Living Edition
| Editors: Mie Augier, David J. Teece

Markets as Networks

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We discuss existing research that applies a relational, socio-structural lens to studying organizations and markets. Research in this field has described markets first and foremost as networks of enduring relationships and repeated interactions among organizations. We start by addressing some of the key findings of extant research regarding the antecedents of network structures and variations in their emergent structural properties. We then evaluate the implications of these network structures for a range of organizational behaviours and outcomes, exploring the underlying mechanisms for the effects of networks.


Private Information Small World Organizational Outcome Network Position Dyadic Relationship 
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© The Author(s) 2016

Authors and Affiliations

  1. 1.University of MichiganAnn ArborUSA
  2. 2.Harvard UniversityCambridgeUSA