Networking to success: Using local networks to boost the advantage of SMEs

Abstract

Purpose

This paper aims to review the latest management developments across the globe and pinpoint practical implications from cutting-edge research and case studies.

Design

This briefing is prepared by an independent writer who adds their own impartial comments and places the articles in context.

Findings

Spatial proximity is a key facet of the success of local networks of SMEs. If done correctly, these networks of SMEs are able to boost profitability, cut costs, and challenge established players successfully.

Originality

The briefing saves busy executives, strategists and researchers hours of reading time by selecting only the very best, most pertinent information and presenting it in a condensed and easy-to-digest format.

Citation

(2020), "Networking to success: Using local networks to boost the advantage of SMEs", Strategic Direction, Vol. 36 No. 4, pp. 16-17. https://doi.org/10.1108/SD-01-2020-0013