The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Business Networks

  • Francis Bloch
Reference work entry


Informal and formal business networks play an increasing role in economic activities. Business networks have been studied both by sociologists and economists in order to answer three questions: What is the influence of business networks on economic activities? What are the determinants of business networks? When and how are business networks alternatives to organized markets?


Business networks Class Commitment Corporate governance Credit markets in developing countries Diffusion of innovations Economic geography Enforceable international contracts Interlocking directorates Intermediate goods International trade Knowledge spillovers Labour market search Market sharing Matching Spatial concentration Strategic alliances 

JEL Classifications

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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Francis Bloch
    • 1
  1. 1.