Authors: Asta Salmi
Dynamics has been a key issue for investigations of business networks. This paper concentrates onrules that shape business interaction between actors: institutions. It makes an attempt to developfurther the model of industrial business networks that consists of the governance structure and theproduction system (Johanson & Mattsson 1992) by involving institutional aspects. The aim of thepaper is to analyse institutional change forces (i.e. formal and informal rules) and their influence onnetwork structures. Institutional change of business networks is discussed in general terms, but it isinvestigated in particular in the Russian context: here most dramatic changes have been witnessedas new markets are being created. The paper directs attention to the dynamic forces (interplay offormal and informal rules co-operation and competition dyadic and network changes) and therelevance of time. The paper is mainly conceptual in character, but it summarises relevant empiricalstudies. The time span of more than a decade between the end of Soviet era and today’s Russianmarket conditions allows us to make already some conclusions about the dynamics, showing majorresults of the interplay of formal and informal institutional rules. It is believed that the analysis ofinstitutional change and economic transition will increase our understanding on business markets(what is a market) and their dynamics (how are markets created) more generally.
Journal: ( – )
Web Address:
Publish Year: 2004
Conference: Copenhagen, Denmark (2004)