Two's Company, Three's a Crowd? Triads in Cooperative-Competitive Networks
Hong Kong University of Science & Technology Business School Research Paper Series
Academy of Management Journal, Vol. 47, No. 6, pp. 918-927, 2004
11 Pages Posted: 23 Jul 2007
Abstract
Triadic structure is an important, but neglected, aspect of interfirm networks. We developed the constructs clustering and countering as potential drivers of triadic structure and combined them with the recently developmed p* network model to demonstrate the value and feasibility of triadic analysis. Exploratory analysis of data from the global steel industry revealed firms' tendency to form transitive triads, in which three firms all have direct ties with each other, especially within blocks defined by geography or technology.
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