What is the inter firm network?

An inter-firm network refers to a collaborative structure where multiple firms, often from different sectors or industries, work together to achieve common goals, share resources, and enhance competitive advantage. These networks can take various forms, including alliances, partnerships, and consortia, facilitating knowledge transfer, innovation, and access to new markets. By leveraging each firm's strengths, inter-firm networks can lead to increased efficiency and adaptability in a rapidly changing business environment.