The impact of strategic networking on business performance of manufacturing SMEs operating in a predominantly service based economy

Strategic Approach to Configurational Analysis of Entrepreneurial Orientation, Strategic Networking, and SME Performance within Emerging Markets of Selected Southeast European Countries

“…Unlike emergent networks, these networks are focused on a specific context of strategically intentional actor interactions (Möller and Rajala 2007). Some general antecedents that can be linked to the success of a strategic network are trust, commitment, reputation, communication, and cooperation (Milovanović et al 2020;Chang and Harwood 2001). All of these factors have been empirically confirmed to significantly contribute to strategic network performance (Milovanović et al 2020;Schoonjans et al 2013;Konsti-Laakso et al 2012;Lee et al 2010;Stanko et al 2007;Chang and Harwood 2001).…”

“…Some general antecedents that can be linked to the success of a strategic network are trust, commitment, reputation, communication, and cooperation (Milovanović et al 2020;Chang and Harwood 2001). All of these factors have been empirically confirmed to significantly contribute to strategic network performance (Milovanović et al 2020;Schoonjans et al 2013;Konsti-Laakso et al 2012;Lee et al 2010;Stanko et al 2007;Chang and Harwood 2001). Furthermore, digital technologies provide a wide range of innovation opportunities in the modalities of entrepreneurial activities and emphasize openness, interaction, and networking as key determinants of contemporary entrepreneurial activities, such as the open innovation paradigm (De Vincenzi and Cunha 2021;Chesbrough 2003) and the concept of co-creation (Takahashi and Takahashi 2021;Ramaswamy and Ozcan 2018).…”