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This paper exposes the development of markets-as-networks theory from formal inception in the mid-1970s until 2010 state-of-the-art, en route presenting its historical roots. This largely European-based theory challenges the conventional, dichotomous view of the business world as including firms and markets, arguing for the existence of relational governance structures (the so-called “interfirm cooperation”) in addition to hierarchical and transactional ones.

In this study negotiated exchange under the 1-exchange rule is considered in the whole population of 142,660 exchange networks up to size 9. A review shows that 51 of these networks have been studied in the literature. Predictions for the whole population of networks are derived by parsimonious versions of power-dependence and exchange-resistance theory. All but 301 networks are classified similarly as equal, weak, or strong power networks by the power-dependence and exchange-resistance theory. Only 4% of the networks is classified as a strong power network, as opposed to the 43% of the networks studied in the literature.

This chapter analyzes the ways that individuals develop person-to-group ties. The chapter reviews the development and evidentiary basis of the theory of relational cohesion, the affect theory of social exchange, and the theory of social commitments.

We survey twenty-five years of published literature on these theories, and review unpublished theoretical tests and extensions that are currently in progress.

The research program has grown substantially over the past twenty-five years to encompass more varied and diverse phenomena. The findings indicate that structural interdependencies, repeated exchanges, and a sense of shared responsibility are key conditions for people to develop affective ties to groups, organizations, and even nation-states.

The research implies that if people are engaged in joint tasks, they attribute positive or negative feelings from those tasks to their local groups (teams, departments) and/or to larger organizations (companies, communities). To date, empirical tests have focused on microlevel processes.

Our work has practical implications for how managers or supervisors organize tasks and work routines in a way to maximize group or organizational commitment.

This research helps to understand problems of fragmentation that are faced by decentralized organizations and also how these can be overcome.

The chapter represents the most complete and comprehensive review of the theory of relational cohesion, the affect theory of social exchange, and the theory of social commitments to date.

Companies inevitably interact and entrench in complex organic systems of business relationships with other. These business networks are not objectively defined, instead they are shaped by the subjective perception of actors. This inherent subjectivity is associated with the notion of network pictures, that is, a research tool that researchers or managers can use to grasp practitioner theories. In this chapter, we discuss how the importance of identifying these theories results mainly from underlying principles of sense-making theory, as well as from the idea around performativity. Drawing on these theoretical groundings, this chapter has two objectives: to explore how practitioners actually perceive their business surroundings and to assess the extent of overlapping between (IMP Group) academic theories and practitioner theories. To achieve these objectives, the researchers use a dimensional network pictures model previously developed in the literature to analyze the network pictures of 49 top-level managers across 17 companies from two very distinct contexts or networks: a product-based network and a project-based network. Among other practices, findings illustrate how practitioners tend to simplify what is going on in their complex surroundings, to personalize their relationships with those surroundings, and to think in a stereotyped way. Moreover, the juxtaposition between the captured practitioner theories and academic (IMP Group) theories show that these are not always overlapping, and are in some cases quite the opposite. This research contributes to the ongoing discussion of the importance of grasping actors’ views of the world, arguing that sense-making theory and the notion of performativity are the two main conceptual drivers justifying the urgency in making those views more visible. This research also adds to the research on the impact and suitability of IMP Group theories on managerial thinking and practice. Finally, this research reinforces the current call for further practice-based research in business network contexts.

This exposition explains how Elementary Theory works and how it has been developed over the last two-and-a-half decades. Both increased scope and heightened precision are covered.

Theoretic methodology is explained. Using that method formal models are constructed analogous to empirical events. Those models predict events, design experiments, and guide applications in the field.

There is a widely held belief in sociology that theory becomes more vague and imprecise as its scope broadens. Whereas broader generalizations are more vague than narrower ones, this exposition shows that abstract theory becomes more precise as its scope broadens.

Here implications and limitations are closely connected. Regarding implications, this exposition shows that scientific explanations and predictions are viable today in sociology but only when exact theory is employed. Regarding limitations, the theory and research included in this exposition make clear why the empiricist search for regularities that dominates sociological research is so very limited in its results.

This exposition demonstrates that theory is the method of all the sciences and in particular the science of sociology.

Traditionally, organizational theory has been a receptacle of methods and mechanisms from network theory. In this paper, we argue that organizational theory can also be an active contributor to network theory’s conceptual development. To that end, we make explicit a theoretical strategy that has only been used informally by network theorists so far, which – following Vaughan (2002) – we refer to as analogical theorizing. Using the basic correspondence between dyadic relationships as the most minimal form of “organization,” we show that processes and mechanisms extracted from various theoretical strands of organizational theory can be mapped onto the dynamics of social relationships. This allows us to build novel theoretical insight as it pertains to issue of relationship emergence, maintenance, and decay in social networks.

Collaborative networks (CN) are organizational forms that are especially enabled by innovations in the area of information and communication technologies. For an in‐depth understanding of CN a theoretical foundation is required. The purpose of this paper is to explain goal‐oriented and opportunity‐based CN with the help of existing and well‐known organization theories. A detailed overview about frequently mentioned concepts and theories in network studies is given and then a structured selection of theoretical approaches that are aiming to explain CN is discussed in detail. Finally, ten aspects for the existence and efficiency of CN are derived.

The approach taken in this work is based on a literature review and an impact analysis of the investigated organization theories along the life cycle of CN.

The result of the analysis shows that none of the investigated theories is able to describe the complex phenomenon of CN entirely and to clear all knowledge deficits. Therefore, multiple theories need to be considered as foundation.

This research represents a contribution to the theoretical body of knowledge in the field of CN. More specifically, it represents a first initial step towards the explanation of certain aspects of CN by means of existing organization theories.

Different axiomatizations of network theory are considered. Kirchhoff networks are regarded with priority. Multipole and multiport networks are introduced as alternative variants. Additionally, Minty and Paynter networks, which are always dualizable are discussed briefly. The latter are special cases of Kirchhoff as well as of multiport networks. This paper seeks to discuss these issues.

The paper develops network theory inside of set theory, i.e. networks, multipoles, etc. are defined as objects of set theory. As such objects we use preferably ordered pairs, ordered triples, etc. The objects of network theory are then separated from the class of all these set theoretical objects by means of some defining conditions. These conditions are the axioms of our approaches to network theory.

It is shown that all presented variants of axiomatizations can be developed on the basis of a uniform representation for the time functions for voltages and currents. All these variants allow interdisciplinary applications of network theory and they can be generalized to multidimensional networks. An interesting byproduct is the relationship between multiport networks, networks in Belevitch normal form, Paynter networks, and bond graphs.

For applications it is essential that Kirchhoff and multipole networks are with respect to their modeling capability of equal value. But from the foundational point of view the multipole terminology has a number of crucial disadvantages compared with that based on Kirchhoff networks. This fact is important both for the conception of circuit simulation software packages and for the development of basic circuit theory curricula.

The purpose of this paper is to review the post‐1996 literature of information science and other disciplines for the application of social network theory and social network analysis to research that provides an understanding of information environments.

The literature review involved a content analysis of 373 articles retrieved from five electronic journal databases offering broad disciplinary coverage, and a selection of nine peer‐reviewed electronic access journals in information science. Each database was limited to academic or peer reviewed journals and searched using two query phrases: social network theory (SNT) and social network analysis (SNA).

The paper demonstrates the growth of interest by information science and other disciplines in research that applies social network theory and utilizes social network analysis, indicating what research approaches and major focus trends differentiate the disciplines.

The search phrases overlook articles using social networks as the only key phrase for indexing. However, the intention was to examine the application of a theoretical concept and specific methodology, so the terms used were appropriate for this purpose.

The paper identifies opportunities to apply social network theory and social network analysis to the study of the exchange of information resources.

The paper demonstrates that information science could advance valuable contributions to an understanding of information behavior using social network theory and social network analysis as a vehicle to connect with a significant body of existing research in other disciplines.

The purpose of this paper is to respond to the call of international marketing professionals for more studies on strategies that firms use in response to the complexities of interacting with other institutions in the emerging markets (EMs) of sub-Saharan Africa. The key research question investigated by employing the exploratory qualitative data gathered is: What strategies and global alliances do small local firms (SLFs) in Nigeria adopt to succeed under complex market conditions?

The methodology employed is exploratory qualitative research. The authors conducted extended interviews to generate rich case study data from the top management of the selected SLFs in Nigeria. The interview data were assessed using open, axial and selective coding to uncover macro-narratives that guide SLFs’ strategies and global alliances.

The macro-narratives derived from the qualitative case analysis reveal a theoretical framework centered on three major elements of competitive strategies in Nigeria: build global capacity and strategic alliances from the get-go; develop local strategic alliances; master matching alliance partners’ needs to create innovative payment plans and, when necessary, shift the transaction cost burden to alliance partners. Matching theory rather than traditional network theories is better at explicating SLFs’ alliances in Nigeria. Implementation of these strategies requires flexible strategic initiatives.

The study adapts institutional interaction theory, network theory, matching alliance perspective, trade credit theories and the literature on small firms’ strategies in EMs to explicate successful small local firm strategies and global alliances under complex market conditions in Nigeria. The recognition that SLFs regularly migrate and shift the burden of transactions’ cost to multiple stakeholders in the supply network by matching customers and supplier needs is important. The discovery of matching theory in explicating SLFs’ global alliances in Nigeria is unique to this study.