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Updated July 29, 2010

Value Networks

Value networks are complex sets of social and technical resources that create business, economic and social value.

Value networks are the way people naturally organize around roles and resources to create value. Value is created through tangible and intangible exchanges between roles as people go about their work. Value networks operate in public agencies, civil society, in the enterprise, institutional settings, and all forms of organization. Companies have both internal and external value networks. External facing networks include customers or recipients, intermediaries, stakeholders, open innovation networks and suppliers. Internal value networks focus on key activities, processes and relationships that cut across internal boundaries, such as order fulfillment, innovation, lead processing, or customer support. Local, regional and global value networks advance innovation, wealth, social good and environmental well-being.

Topic Tags:  collaborative networks, knowledge management, open innovation networks, social networks, value chain, value network analysis, value networks, valuenetworks.com, Verna Allee