ABSTRACT
The framework of this chapter determines that the point of focus should be on network-based product development. Virtual networks come into existence when needed and when there is a task for the networks to accomplish. The businesses can achieve several synergy effects by combining such different kinds of network not least in relation to high speed product development. The members of the network performed complementary, competing or otherwise interrelated activities whereby certain resources are consumed and others transformed into new resources. The exchange process between industrial actors is complex and multidimensional in nature especially when more actors are involved to the product development project. The actors were seen as integrated parts of a product development network of relationships. Computer networks, enable the entire business to receive feedback in the form of opinions and to add individual learning. The network perspective presented network solutions to and tools for explaining and substantiating high speed in different product development courses.
