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Paper info: Temporal orientation and temporal profiles of network adjustments in times of economic recession

Title


Temporal orientation and temporal profiles of network adjustments in times of economic recession

Authors


Lars-Gunnar Mattsson
Stockholm School of Economics
Sweden
Lars-Gunnar Mattsson and
Per Andersson
Stockholm School of Economics
Sweden
Per Andersson

Place of Publication


The paper was published at the 25th IMP-conference in Marseille, France in 2009.

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Abstract


Business cycles are not a new phenomenon. Firms have found ways to, more or less successfully, adjust their internal and externally supplied resources to changes in the level of economic activities. Such adjustments are part of market practices and affect individual actors and business networks. However, the present combination of a global crisis in financial markets and a severe down turn in demand on globally interdependent markets in the "real economy is unprecedented. In this paper we focus on temporal aspects of resource adjustment to economic recession in business networks. Our purpose is to discuss temporality of strategic actions in networks including the influence on this by financial and political actors. The contributions are theoretical/conceptual and represent an effort to explicitly consider the social construction aspects. The paper contributes to on-going discussions within IMP on how managerial action relates to "network pictures/network theories" and to the dynamics of the shaping of markets. The main theoretical ideas, also with implications for further research are illustrated by some concluding propositions.