The Flagship Firm and the Five Partners Business Network
The Flagship Firm and the Five Partners Business Network
Local and global competitive advantages in the corporate world are made possible by the active involvement of business leaders in the improvement and management of international business networks. Because of conflicting and sometimes limited categorisations of the concept, it is hereby defined according to the notion of strategic clusters; and eventually, allows the view of ‘business networks’ as a group of corporations within a given geographic location; all of which operate under the same industry or closely associated sets of industries. With its significant role, crucial compositions of an effective and efficient network are classified, including the responsibilities of the state and the non-business infrastructures. Creative advancement intervention attempts will then be presented using the Canadian context and its conceptual framework.
Keywords: competitive advantage, business networks, leaders, strategic clusters, NBIs, Canada
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