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ERIC Number: EJ776057
Record Type: Journal
Publication Date: 2003-Apr-1
Pages: 5
Abstractor: Author
Reference Count: 17
ISSN: ISSN-0950-4222
Networks: A Route to Improving Performance in Manufacturing SMEs
Coleman, J.
Industry and Higher Education, v17 n2 p119-123 Apr 2003
Perceived as important contributors to economic growth, network and cluster groups are currently receiving much attention. The same may be said of SMEs. But practical and theoretical perspectives indicate that SMEs, and particularly the owner-managers, place little value on networks and have only limited networking resources. Consequently, they do not access networks that could help their development and growth. This paper presents some of the current theoretical concepts and practitioner findings on networks. The implications are that, to be effective, networks need to be thoughtfully managed by a neutral third party, and that clear distinctions need to be drawn between learning networks, commercial alliances and social networks, but that all three types yield considerable competitive advantage to those businesses willing to engage. Empirical evidence suggests that with careful, yet intensive network management measurable organizational innovation and development are attainable by those SMEs willing to participate in network groups. (Contains 1 figure.)
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Publication Type: Journal Articles; Reports - Evaluative
Education Level: Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A
Identifiers - Location: United Kingdom