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The Palgrave Encyclopedia of Strategic Management pp 1–8Cite as

Palgrave Macmillan

Markets as Networks

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Abstract

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.

Keywords

  • Private Information
  • Small World
  • Organizational Outcome
  • Network Position
  • Dyadic Relationship

These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

This entry was originally published on Palgrave Connect under ISBN 978-1-137-49190-9. The content has not been changed.

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Authors and Affiliations

  1. University of Michigan, Ann Arbor, USA

    Maxim Sytch

  2. Harvard University, Cambridge, MA, USA

    Ranjay Gulati

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  1. Maxim Sytch
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  2. Ranjay Gulati
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Correspondence to Maxim Sytch .

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Editors and Affiliations

  1. Stanford University , Stanford, California, USA

    Mie Augier

  2. Tusher Ctr Intellectual Capital, University of California Tusher Ctr Intellectual Capital, Berkeley, California, USA

    David J. Teece

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Sytch, M., Gulati, R. (2016). Markets as Networks. In: Augier, M., Teece, D. (eds) The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-94848-2_321-1

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  • DOI: https://doi.org/10.1057/978-1-349-94848-2_321-1

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