ABSTRACT

This chapter discusses the numerous discourses that have emerged in relation to inter-firm network theory. It seeks to assess whether it is possible to identify any underlying convergence of thought, or the emergence of common ground, between the differing discourses, as well as their relative influence on inter-firm network theory as a whole. The chapter focuses on the influence and criticism of neo-classical economic thinking on the development of inter-firm network theory, from the point of view of differing economic theories of the firm. It discusses the influence of sociological models of interaction and exchange that attempt to explain the importance of social and non-economic factors within economic activity, with a discussion of constructs such as ‘embeddedness’, ‘structural holes’ and ‘brokerage’. The chapter includes the value and importance of factors concerning ‘trust’ and ‘social capital’ to inter-firm networks, in particular the ‘prisoner’s dilemma’ variant.