Managing business networks for value creation in facilities and their external environments : A study on co-location
(2017) In Facilities 35(1-2). p.99-115- Abstract
Purpose: The purpose of this paper is to increase understanding of the logic of business network formation among the co-located and external actors of a facility. Design/methodology/approach: The research adopts a theory-building approach through developing propositions inductively from the empirical case study on four purposefully sampled modern service station facilities. The focus is on analyzing how a facility and its inherent co-located actors represent an entity that forms a business network with external actors in the facility’s environment. Findings: The findings propose that when co-located with a large number of actors, the facility and its actors represent an entity that is connected to a wide business network of multiple... (More)
Purpose: The purpose of this paper is to increase understanding of the logic of business network formation among the co-located and external actors of a facility. Design/methodology/approach: The research adopts a theory-building approach through developing propositions inductively from the empirical case study on four purposefully sampled modern service station facilities. The focus is on analyzing how a facility and its inherent co-located actors represent an entity that forms a business network with external actors in the facility’s environment. Findings: The findings propose that when co-located with a large number of actors, the facility and its actors represent an entity that is connected to a wide business network of multiple external actors. On the other hand, when co-located with a small number of actors, the facility becomes a part of the overall supply in the surrounding business environment with a differentiated offering for competitive advantage. Practical implications: The research suggests that an appropriate co-locating strategy, for example, when planning the tenant mix of the facility, can contribute to creating a vivid business network in the external environment, which raises the facility to a role of a central entity in such a network. Originality/value: The findings explaining how co-location affects the businesses within the facility and within a wider networked environment are novel to the scholarly knowledge on co-location. The research bridges the theories of co-location and business networks that have been treated as separate discourses in previous research.
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- author
- Artto, Karlos ; Ahola, Tuomas ; Kyrö, Riikka LU and Peltokorpi, Antti
- publishing date
- 2017-01-01
- type
- Contribution to journal
- publication status
- published
- subject
- keywords
- Business Development, Business environment, Facilities, Networks, Property, Value
- in
- Facilities
- volume
- 35
- issue
- 1-2
- pages
- 17 pages
- publisher
- Emerald Group Publishing Limited
- external identifiers
-
- scopus:85011382774
- ISSN
- 0263-2772
- DOI
- 10.1108/F-07-2015-0049
- language
- English
- LU publication?
- no
- id
- 4645772d-425e-4e07-93d8-a4ebe359b299
- date added to LUP
- 2019-02-04 09:42:05
- date last changed
- 2022-04-25 21:10:35
@article{4645772d-425e-4e07-93d8-a4ebe359b299,
abstract = {{<p>Purpose: The purpose of this paper is to increase understanding of the logic of business network formation among the co-located and external actors of a facility. Design/methodology/approach: The research adopts a theory-building approach through developing propositions inductively from the empirical case study on four purposefully sampled modern service station facilities. The focus is on analyzing how a facility and its inherent co-located actors represent an entity that forms a business network with external actors in the facility’s environment. Findings: The findings propose that when co-located with a large number of actors, the facility and its actors represent an entity that is connected to a wide business network of multiple external actors. On the other hand, when co-located with a small number of actors, the facility becomes a part of the overall supply in the surrounding business environment with a differentiated offering for competitive advantage. Practical implications: The research suggests that an appropriate co-locating strategy, for example, when planning the tenant mix of the facility, can contribute to creating a vivid business network in the external environment, which raises the facility to a role of a central entity in such a network. Originality/value: The findings explaining how co-location affects the businesses within the facility and within a wider networked environment are novel to the scholarly knowledge on co-location. The research bridges the theories of co-location and business networks that have been treated as separate discourses in previous research.</p>}},
author = {{Artto, Karlos and Ahola, Tuomas and Kyrö, Riikka and Peltokorpi, Antti}},
issn = {{0263-2772}},
keywords = {{Business Development; Business environment; Facilities; Networks; Property; Value}},
language = {{eng}},
month = {{01}},
number = {{1-2}},
pages = {{99--115}},
publisher = {{Emerald Group Publishing Limited}},
series = {{Facilities}},
title = {{Managing business networks for value creation in facilities and their external environments : A study on co-location}},
url = {{http://dx.doi.org/10.1108/F-07-2015-0049}},
doi = {{10.1108/F-07-2015-0049}},
volume = {{35}},
year = {{2017}},
}