Impact of Hidden Networks in Business Systems

Author:

Moritz Markus1,Fuchs Daniel2,Gheorghe Marian1

Affiliation:

1. University POLITEHNICA of Bucharest

2. Erichsen GmbH & Co. KG

Abstract

In general, networks in companies or between companies play a significant role for monetary as well as non-monetary enhancement through cooperation. The aim is a positive effect for reducing innovation cycles, reducing costs and establishing a well-balanced time to market strategy. Besides open networks, where every actor is known, the existence of hidden networks, internal as well as external, have a substantial impact on strategic and operational activities meaning either a contribution or threat for the actors outside the hidden network. With the new models introduced in this publication, actors in various environments are able to identify hidden networks in order to be able to push contributions or eliminate risks leading from profit cuts to illegal knowledge transfer.

Publisher

Trans Tech Publications, Ltd.

Subject

Mechanical Engineering,Mechanics of Materials,Condensed Matter Physics,General Materials Science

Reference12 articles.

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3. K. S. Cook, R. M. Emerson, M. R.Gilmore, T. Yamagishi, Power in Exchange Network: Theory and Experimental Results, Am. J. Sociol. 89-2 (1983) 275-305.

4. A. Marin, B. Wellman, Social Network Analysis: An Introduction, in P. Carrington and J. Scott. Sage Handbook of Social Network Analysis, SAGE Publications Ltd, London, 2011, pp.11-25.

5. M. Castells, Theory of the network society, Br. J. Sociol. 51-1 (2000) 5-24.

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