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Governance, strategy and management of international business networks in uncertain times: an introduction
Yaqub, Muhammad Zafar Raha, Aveed Jell-Ojobor, Maria
Windsperger, Josef
Yaqub, Muhammad Zafar
Raha, Aveed
Windsperger, Josef
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Abstract
In today's turbulent and complex environments, international business networks (IBNs) in various forms (e.g., strategic alliances, franchise chains, export and licence relationships, cooperatives, global production networks, joint ventures, public-private partnerships, and digital platforms) are becoming increasingly important in helping multinationals to achieve competitive advantage. Owing to increased performance pressures in uncertain environments, firms embedded in networks are increasingly moving from cooperators to collaborators as value co-creators. The aim of this introductory article is to discuss how IBNs may mitigate uncertainty (emanating especially from disruptive digital innovations and global pandemics) through value, configuration and/or knowledge-driven governance, strategy, and management. In addition, we provide an overview of the articles included in the special issue on 'Governance, Strategy and Management of International Business Networks in Uncertain Times' detailing their specific contributions to enrich the contemporary scholarly discourse in this regard.
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2024
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Keywords
Governance, Strategy, IBNs, Environmental uncertainty, Global pandemics, Reconfiguration, Knowledge governance, Digitalisation, Economic upgrading, Institutional theory
Citation
Yaqub, Muhammad Zafar, Aveed Raha, Maria Jell Ojobor, and Josef Windsperger. “Governance, Strategy and Management of International Business Networks in Uncertain Times: An Introduction.” European Journal of International Management 24 (3/4): 353–82. 2024.