Creating and managing value in collaborative networks

TLDR

The paper reviews how individual and collective capabilities and competencies interact with value transactions in collaborative environments, drawing on literature from supply chains, extended/virtual enterprises, and clusters. The authors propose the model as a platform for future research into how value is created and managed in collaborative enterprises and networks. They develop a theory of value creation that distinguishes internal and external value, analyze the interplay of value transactions with competencies and capabilities, and present a model with a comparative table of collaborative enterprise types.

Abstract

This is a theoretical paper that examines the interplay between individual and collective capabilities and competencies and value transactions in collaborative environments. The theory behind value creation is examined and two types of value are identified, internal value (shareholder value) and external value (value proposition). The literature on collaborative enterprises/network is also examined with particular emphasis on supply chains, extended/virtual enterprises and clusters as representatives of different forms and maturities of collaboration. The interplay of value transactions and competencies and capabilities are examined and discussed in detail. Finally, a model is presented which consists of value transactions and a table that compares the characteristics of different types of collaborative enterprises/networks. It is proposed that this model presents a platform for further research to develop an in‐depth understanding into how value may be created and managed in collaborative enterprises/networks.