Entrepreneurship in the network economy

Hugo Velthuijsen, Frank Jan de Graaf

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Abstract

The network economy typically signifies a notion from the information society where new products and services are developed by collaborating individuals and/or businesses organised in virtual networks. The network economy has important characteristics in common with Northern European governance models, which suggests a direction for developing workable governance models for businesses engaging in network economy activities. This resemblance presents a unique perspective on global economic development. Innovation can and should be combined with high ethical, social and environmental standards. This is illustrated by empirical data on Hidden Champions in Europe: middlesized companies that are dominant in their specific market niches. We suggest that the rise of the network economy could have far-reaching consequences for the way businesses should be organised and managed.
Original languageEnglish
Title of host publicationEnterprise grows in sustaining efficiency and effectiveness
Subtitle of host publicationConference proceedings of 2009 International SME Development Forum
EditorsHenry Zhang, Ruimei Zhao
Place of PublicationMarrickville
PublisherOrient Academic Forum
Pages629-636
Number of pages8
ISBN (Print)9780980605785
Publication statusPublished - Oct 2009
Event2009 International SME Development Forum - Beijing Union University, Beijing, China
Duration: 1 Oct 2009 → …

Conference

Conference2009 International SME Development Forum
CountryChina
CityBeijing
Period1/10/09 → …

Keywords

  • networks
  • information society
  • administrative organization
  • companies

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  • Cite this

    Velthuijsen, H., & de Graaf, F. J. (2009). Entrepreneurship in the network economy. In H. Zhang, & R. Zhao (Eds.), Enterprise grows in sustaining efficiency and effectiveness: Conference proceedings of 2009 International SME Development Forum (pp. 629-636). Orient Academic Forum.